Australian Dollar Rises Against Majors
March 05 2025 - 7:44PM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Thursday.
The Australian dollar rose to a 9-day high of 0.6357 against the
U.S. dollar and an 8-day high of 94.72 against the yen and more
than a 1-month high of 0.9097 against the Canadian dollar, from
yesterday's closing quotes of 0.6337, 94.35 and 0.9086,
respectively.
Against the euro, the aussie edged up to 1.7015 from Wednesday's
closing value of 1.7035.
If the aussie extends its uptrend, it is likely to find
resistance around 0.65 against the greenback, 97.00 against the
yen, 0.91 against the loonie and 1.63 against the euro.
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