Australian Dollar Falls Against Majors
16 April 2024 - 3:38AM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Australian dollar fell to a 5-month low of 0.6408 against
the U.S. dollar, from yesterday's closing value of 0.6441.
Against the euro and the Canadian dollar, the aussie slid to
near 2-week lows of 1.6557 and 0.8847 from Monday's closing quotes
of 1.6484 and 0.8880, respectively.
Against the yen and the NZ dollar, the aussie edged down to
98.92 and 1.0892 from yesterday's closing quotes of 99.36 and
1.0908, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.62 against the greenback, 1.67 against the euro,
0.86 against the loonie, 97.00 against the yen and 1.07 against the
kiwi.
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