RTTN: Aussie Soars To 17-day High Against US Dollar
(RTTNews) - The Australian dollar showed mixed trading against its major rivals on Monday morning in Asia. While the aussie eased slightly from a fresh multi-month high against the yen and a 5-day high against the euro, it extended its recent uptrend against the US and New Zealand dollars.
The Australian dollar that rose to 87.18 against the yen at the start of Asian trading, the highest peak in more than 18 months, shed some of its gains around 6:10 pm ET Sunday. The aussie-yen pair moved sideways thereafter and is currently worth near last week's closing quote of 87.0.
The aussie that jumped to a 5-day high of 1.4654 against the euro around 8:05 pm ET Sunday reversed its course thereafter. The euro-aussie pair is presently trading at 1.4694, above last week's closing quote of 1.4686.
The Australian dollar advanced to a 17-day high of 0.9221 against the US dollar and a 12-day high of 1.3058 against the NZ dollar around 9:30 pm ET Sunday from last week's closing values of 0.9195 and 1.3030, respectively. The aussie is currently quoted at 1.3056 against the kiwi and 0.9216 versus the greenback.
