Australian Dollar Falls Against Majors
March 26 2024 - 9:44PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Wednesday.
The Australian dollar fell to a 5-day low of 1.6622 against the
euro, from yesterday's closing value of 1.6567.
Against the U.S. dollar and the yen, the aussie slipped to 2-day
lows of 0.6511 and 98.74 from Tuesday's closing quotes of 0.6538
and 99.00, respectively.
Against the Canada and the New Zealand dollars, the aussie slid
to 5-day lows of 0.8854 and 1.0868 from yesterday's closing quotes
of 0.8880 and 1.0884, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.67 against the euro, 0.64 against the greenback,
97.00 against the yen, 0.87 against the loonie and 1.07 against the
kiwi.
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