Australian Dollar Rises Against Majors
May 04 2023 - 08:08PM
RTTF2
The Australian dollar strengthened against other major
currencies in the Asian session on Friday.
The Australian dollar rose to a 2-week high of 0.6736 against
the U.S. dollar, a 3-day high of 1.6394 against the euro and a
2-day high of 90.28 against the yen, from yesterday's closing
quotes of 0.6692, 1.6444 and 89.93, respectively.
Against the Canada and the New Zealand dollars, the aussie edged
up to 0.9098 and 1.0674 from yesterday's closing quotes of 0.9059
and 1.0655, respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 0.70 against the greenback, 1.60 against the
euro, 93.00 against the yen, 0.92 against the loonie and 1.09
against the kiwi.
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