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Australian Dollar Early Lows Against U.S., Canadian Dollars

04:15, 24th June 2016

(RTTNews) - The Australian dollar trimmed its early losses against the U.S. and Canadian dollars in European deals on Friday.

The aussie bounced off to 0.9678 against the loonie, from its early 9-day low of 0.9493. This may be compared to its previous session's near 2-month high of 0.9745.

The aussie reversed from its early 8-day low of 0.7304 against the greenback, rising back to 0.7436. The aussie had hit a 2-month high of 0.7647 at the beginning of today's trading.

If the aussie extends rise, it may find resistance around 0.76 against the greenback and 0.98 against the loonie.

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