Australian Dollar Falls Against Majors
May 12 2024 - 9:16PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Monday.
The Australian dollar fell to 4-day lows of 0.6585 against the
U.S. dollar, 102.64 against the yen and 1.6353 against the euro,
from last week's closing quotes of 0.6603, 102.87 and 1.6312,
respectively.
Against the Canadian dollar, the aussie edged down to 0.9014
from Friday's closing value of 0.9030.
If the aussie extends its downtrend, it is likely to find
support around 0.64 against the greenback, 99.00 against the yen,
1.65 against the euro and 0.88 against the loonie.
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