Australian Dollar Falls Against Majors
19 Juli 2016 - 2:10AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to near 2-week lows of 0.7509 against
the U.S. dollar, 1.4738 against euro and against the Canadian
dollar, from yesterday's closing quotes of 0.7590, 1.4586 and
0.9824, respectively.
Against the yen, the aussie dropped to a 4-day low of 79.38 from
yesterday's closing value of 80.57.
The aussie edged down to 1.0690 against the NZ dollar, from an
early near 2-month high of 1.0771.
If the aussie extends its downtrend, it is likely to find
support around 0.73 against the greenback, 1.51 against the euro,
0.96 against the loonie, 74.00 against the yen and 1.03 against the
kiwi.
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