Australian Dollar Falls Against Majors
04 September 2015 - 1:57AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Friday.
The Australian dollar fell to nearly a 6-1/2-year low of 0.6961
against the U.S. dollar and a 2-year low of 0.9198 against the
Canadian dollar, from yesterday's closing quotes of 0.7017 and
0.9245, respectively.
Against the yen and the NZ dollar, the aussie dropped to nearly
a 2-week low of 83.05 and a 9-day low of 1.094 from yesterday's
closing quotes of 84.25 and 1.0965, respectively.
The aussie edged down to 1.5991 against the euro, from
yesterday's closing value of 1.5845.
If the aussie extends its downtrend, it is likely to find
support around 0.62 against the greenback, 0.90 against the loonie,
81.00 against the yen, 1.07 against the kiwi and 1.65 against the
euro.
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