Australian Dollar Falls Against Majors
December 23 2024 - 7:17PM
RTTF2
The Australian dollar weakened against other major currencies in
the Asian session on Monday.
The Australian dollar fell to more than a 4-1/2-month low of
0.8953 against the Canadian dollar, from yesterday's closing value
of 0.8974.
The aussie slipped to 97.76 against the yen and 1.6702 against
the euro, from Monday's closing quotes of 98.16 and 1.6645,
respectively.
Against the U.S. and the New Zealand dollars, the aussie edged
down to 0.6224 and 1.1044 from yesterday's closing quotes of 0.6246
and 1.1055, respectively.
If the aussie extends its downtrend, it is likely to find
support around 0.88 against the loonie, 95.00 against the yen, 1.68
against the euro, 0.60 against the greenback and 1.08 against the
kiwi.
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