Australian Dollar Falls Against Majors
(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
The Australian dollar fell to a 2-day low of 94.98 against the yen, from yesterday's closing value of 95.63.
The aussie edged down to 1.6401 against the euro, from Tuesday's closing value of 1.6266.
Against the U.S., the New Zealand and the Canadian dollars, the aussie slipped to 0.6734, 1.0875 and 0.8888 from yesterday's closing quotes of 0.6789, 1.0910 and 0.8941, respectively.
If the aussie extends its downtrend, it is likely to find support around 93.00 against the yen, 1.66 against the euro, 0.65 against the greenback, 1.07 against the kiwi and 0.86 against the loonie.
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