Australian Dollar Falls Against Majors
July 22 2024 - 9:38PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Australian dollar fell to more than a 5-week low of 103.61
against the yen and a 1-1/2-month low of 1.6427 against the euro,
from yesterday's closing quotes of 104.16 and 1.6402,
respectively.
Against the U.S. and the Canadian dollars, the aussie slipped to
nearly a 4-week low of 0.6628 and nearly a 3-week low of 0.9124
from Monday's closing quotes of 0.6639 and 0.9137,
respectively.
If the aussie extends its downtrend, it is likely to find
support around 100.00 against the yen, 1.66 against the euro, 0.64
against the greenback and 0.90 against the loonie.
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