Australian Dollar Slides Against Majors
May 15 2017 - 9:58PM
RTTF2
The Australian dollar weakened against the other major
currencies in the Asian session on Tuesday.
The Australian dollar fell to a 1-week low of 1.4837 against the
euro, a 5-day low of 1.0745 against the NZ dollar and a 4-day low
of 1.0090 against the Canadian dollar, from yesterday's closing
quotes of 1.4803, 1.0774 and 1.0108, respectively.
Against the U.S. dollar, the aussie dropped to 0.7405 from
yesterday's closing value of 0.7412.
The aussie slipped to 84.01 against the yen, from an early more
than a 2-week high of 84.52.
If the aussie extends its downtrend, it is likely to find
support around 1.49 against the euro, 1.06 against the kiwi, 0.99
against the loonie, 0.72 against the greenback and 82.00 against
the yen.
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