Australian Dollar Rises Against Some Majors
May 15 2024 - 8:50PM
RTTF2
The Australian dollar strengthened against some major currencies
in the Asian session on Thursday.
The Australian dollar rose to a 9-day high of 1.6223 against the
euro, from yesterday's closing value of 1.6254.
Against the Canada and the U.S. dollars, the aussie advanced to
more than a 1-year high of 0.9126 and more than a 4-month high of
0.6715 from Wednesday's closing quotes of 0.9111 and 0.6700,
respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 1.61 against the euro, 0.92 against the loonie
and 0.68 against the greenback.
Euro vs AUD (FX:EURAUD)
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