Australian Dollar Extends Decline Against Majors
January 27 2020 - 2:49AM
RTTF2
The Australian dollar extended its early decline against its
major counterparts in the European session on Monday.
The aussie fell to near a 2-month low of 0.6767 against the
greenback and more than a 2-month low of 73.67 versus the yen, from
its early highs of 0.6819 and 74.32, respectively.
Reversing from its early highs of 1.6169 against the euro and
0.8967 versus the loonie, the aussie slipped to near 3-week lows of
1.6289 and 0.8920, respectively.
The aussie declined to near a 6-month low of 1.0314 against the
kiwi, off early 2-day high of 1.0357.
The aussie is likely to find support around 0.65 against the
greenback, 72.00 versus the yen, 1.65 against the euro, 0.86 versus
the loonie and 1.00 against the kiwi.
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