RTTN:Euro Rises To 8-day High Against Australian Dollar
The euro outperformed against the resource-linked currencies along with other major rivals following the release of an upbeat German PMI data for July around 3:30 am ET.
The common currency climbed to an 8-day high of 1.4359 against the Australian dollar around 3:50 am ET. The euro also advanced to 2-day highs of 1.3652 against the Canadian dollar and 1.6653 against the New Zealand dollar around 3:40 am ET.
On the upside, the 17-nation bloc currency may find resistance levels at 1.3680 against the Canadian dollar, 1.6685 against the New Zealand dollar and 1.4420 against the Australian dollar.
