Australian Dollar Falls Against Majors
25 Abril 2023 - 9:16PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Wednesday.
The Australian dollar fell to 1.6613 against the euro for the
first time since November 2020. The EUR/AUD pair closed yesterday's
trade at 1.6550.
The aussie slid to more than 2-week low of 88.15 against the
yen, from yesterday's closing value of 88.61.
Against the U.S., the Canada and the New Zealand dollars, the
aussie dropped to a 6-week low of 0.6606, a 1-week low of 0.9008
and nearly a 2-week low of 1.0766 from yesterday's closing quotes
of 0.6625, 0.9028 and 1.0791, respectively.
If the aussie extends its downtrend, it is likely to find
support around 1.68 against the euro, 86.00 against the yen, 0.64
against the greenback, 0.89 against the loonie and 1.06 against the
kiwi.
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