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Forex News: Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

10/04/2018 - 03:04:00 (RTTNews)

(RTTNews) - The Australian dollar drifted lower against its key counterparts in pre-European deals on Thursday.

The aussie declined to a 2-1/2-year low of 0.7076 against the greenback and more than a 2-week low of 80.92 against the yen, from its early highs of 0.7112 and 81.42, respectively.

The aussie fell to an 8-day low of 1.6214 against the euro, off its early high of 1.6140.

The aussie dropped to 0.9118 against the loonie, its lowest since July 2010.

Reversing from an early 2-day high of 1.0934 against the kiwi, the aussie eased to 1.0904.

The next possible support for the aussie is seen around 0.69 against the greenback, 79.00 against the yen, 1.64 against the euro, 0.90 against the loonie and 1.08 against the kiwi.

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