Australian Dollar Falls Against Majors

RTTNews | 24 days ago
Stocktwits
Australian Dollar Falls Against Majors

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

The Australian dollar fell to nearly a 2-month low of 1.8121 against the euro and more than a 2-week low of 96.89 against the yen, from yesterday's closing quotes of 1.8049 and 97.33, respectively.

Against the U.S. and the Canadian dollars, the aussie slipped to 3-day lows of 0.6462 and 0.9104 from Thursday's closing quotes of 0.6482 and 0.9104, respectively.

The aussie edged down to 1.1288 against the NZ dollar, from Thursday's closing value of 1.1320.

If the aussie extends its downtrend, it is likely to find support around 1.82 against the euro, 95.00 against the yen, 0.63 against the greenback, 0.89 against the loonie and 1.11 against the kiwi.

Tags: AUDCAD AUDJPY AUDNZD AUDUSD EURAUD
Stocktwits
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Commodity Currency's Slide Amid Risk-off Mood

Commodity Currency's Slide Amid Risk-off Mood

The commodity currencies such as the Australia, the New Zealand and Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid increasing risk-off sentiment, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst.
RTTNews | 4 days ago
Commodity Currency's Slide Amid Risk-Off Sentiment

Commodity Currency's Slide Amid Risk-Off Sentiment

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Tuesday, as Asian stocks traded lower as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.
RTTNews | 5 days ago
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