Australian Dollar Falls Against Majors
11 August 2017 - 3:41AM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Friday.
The Australian dollar fell to a 1-month low of 1.5011 against
the euro and a 1-1/2-month low of 85.45 against the yen, from
yesterday's closing quotes of 1.4948 and 86.00, respectively.
Against the U.S. and the Canadian dollars, the aussie dropped to
nearly a 4-week low of 0.7839 and a 2-day low of 0.9993 from
yesterday's closing quotes of 0.7872 and 1.0035, respectively.
The aussie edged down to 1.0786 against the NZ dollar, from
yesterday's closing value of 1.0819.
If the aussie extends its downtrend, it is likely to find
support around 1.51 against the euro, 84.00 against the yen, 0.76
against the greenback, 0.98 against the loonie and 1.05 against the
kiwi.
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