Australian Dollar Rises Against Majors
June 05 2023 - 9:26PM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Tuesday.
The Australian dollar rose to a 2-month high of 1.6059 against
the euro and nearly a 6-month high of 93.14 against the yen, from
yesterday's closing quotes of 1.6178 and 92.35, respectively.
Against the U.S., the New Zealand and the Canadian dollars, the
aussie advanced to a 3-week high of 0.6681, nearly a 4-month high
of 1.0969 and a 2-week high of 0.8955 from yesterday's closing
quotes of 0.6617, 1.0901 and 0.8895, respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 1.57 against the euro, 95.00 against the yen,
0.68 against the greenback, 1.11 against the kiwi and 0.91 against
the loonie.
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