Australian Dollar Falls Against Majors
19 August 2016 - 1:48AM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Friday.
The Australian dollar fell to more than a 2-week low of 1.4860
against the euro, nearly a 1-month low of 0.9769 against the
Canadian dollar and a 2-day low of 0.7625 against the U.S. dollar,
from yesterday's closing quotes of 1.4767, 0.9823 and 0.7685,
respectively.
Against the yen and the NZ dollar, the aussie dropped to 76.42
and 1.0525 from yesterday's closing quotes of 76.76 and 1.0538,
respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.51 against the euro, 0.95 against the loonie, 0.74
against the greenback, 74.00 against the yen and 1.04 against the
kiwi.
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