Australian Dollar Falls Against Majors
(RTTNews) - The Australian dollar weakened against other major currencies in the European session on Wednesday.
The Australian dollar fell to a 1-week low of 0.7082 against the U.S. dollar, from an early high of 0.7117.
Against the yen and the euro, the aussie slid to 111.75 and 1.6130 from early highs of 112.15 and 1.6083, respectively.
Against the Canada and the New Zealand dollars, the aussie edged down to 0.9977 and 1.2422 from early highs of 1.0012 and 1.2458, respectively.
If the aussie extends its downtrend, it is likely to find support around 0.69 against the greenback, 109.00 against the yen, 1.63 against the euro, 0.99 against the loonie and 1.21 against the kiwi.
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