Australian Dollar Falls Against Majors
January 24 2016 - 3:22PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Monday.
The Australian dollar fell to a 4-day low of 0.6981 against the
U.S. dollar, from Friday's closing value of 0.6997.
Against the yen, the euro and the NZ dollar, the aussie dropped
to 82.75, 1.5487 and 1.0764 from last week's closing quotes of
83.14, 1.5412 and 1.0779, respectively.
The aussie edged down to 0.9884 against the Canadian dollar.
If the aussie extends its downtrend, it is likely to find
support around 0.68 against the greenback, 79.00 against the yen,
1.61 against the euro, 1.06 against the kiwi and 0.97 against the
loonie.
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