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Forex News: Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

09/06/2017 - 01:36:00 (RTTNews)

(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on Wednesday.

The Australian dollar fell to an 8-day low of 86.69 against the yen, from yesterday's closing value of 86.99.

Against the euro and the U.S. dollar, the aussie dropped to 0.7976 and 1.4929 from yesterday's closing quotes of 0.7995 and 1.4897, respectively.

The aussie slipped to 0.9886 against the Canadian dollar, from an early 6-day high of 0.9926.

Against the NZ dollar, the aussie edged down to 1.1031 from an early high of 1.1067. This may be compared to an early 6-day low of 1.1025.

If the aussie extends its downtrend, it is likely to find support around 84.00 against the yen, 0.77 against the greenback, 1.52 against the euro, 0.96 against the loonie and 1.09 against the kiwi.

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