Australian Dollar Falls Against Majors
October 07 2024 - 7:44PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Tuesday.
The Australian dollar fell to more than a 2-week low of 1.6341
against the euro, a 6-day low of 99.09 against the yen and a 4-day
low of 1.0988 against the NZ dollar, from yesterday's closing
quotes of 1.6239, 100.13 and 1.1030, respectively.
Against the U.S. and the Canadian dollars, the aussie slipped to
more than 3-week lows of 0.6715 and 0.9155 from Monday's closing
quotes of 0.6757 and 0.9200, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.65 against the euro, 96.00 against the yen, 1.08
against the kiwi, 0.65 against the greenback and 0.90 against the
loonie.
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