Australian Dollar Rises Against Majors
March 19 2017 - 9:19PM
RTTF2
The Australian dollar strengthened against the other major
currencies in the Asian session on Monday.
The Australian dollar rose to nearly a 1-month high of 0.7729
against the U.S. dollar and nearly a 4-1/2-month high of 1.0294
against the Canadian dollar, from Friday's closing quotes of 0.7702
and 1.0275, respectively.
Against the euro, the aussie advanced to 1.3923 from an early
low of 1.3963. This may be compared to an early 4-day high of
1.3922.
The aussie edged up to 87.00 against the yen, from an early
1-week low of 86.59.
If the aussie extends its uptrend, it is likely to find
resistance around 0.78 against the greenback, 1.04 against the
loonie, 1.37 against the euro and 88.00 against the yen.
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