Australian Dollar Rises Against Some Majors
February 16 2025 - 9:15PM
RTTF2
The Australian dollar strengthened against some major currencies
in the Asian session on Monday.
The Australian dollar rose to a 5-day high of 1.6459 against the
euro, from Friday's closing value of 1.6511.
Against the U.S. and the Canadian dollars, the aussie advanced
to a 2-month high of 0.6374 and a 2-week high of 0.9034 from last
week's closing quotes of 0.6350 and 0.9005, respectively.
The aussie edged up to 1.1103 against the NZ dollar, from
Friday's closing value of 1.1082.
If the aussie extends its uptrend, it is likely to find
resistance around 1.63 against the euro, 0.65 against the
greenback, 0.91 against the loonie and 1.12 against the kiwi.
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