RTTN: Aussie Slips To Multi-day Lows Against Majors
(RTTNews) - The Australian dollar extended its recent downtrend versus major currencies on Wednesday morning in Asia.
The aussie slumped to a 6-day low of 1.7178 against the euro and 1.2463 against the NZ dollar by 10:15 am ET from Tuesday's closing values of 1.707 and 1.2543, respectively.
Against the yen and greenback, the Australian currency slipped to a 2-day low of 79.35 and 0.8364, respectively at this time. At yesterday's close, the aussie was worth 80.45 against the yen and 0.8446 per US dollar.
If the aussie weakens further, it may test support levels of 1.723 against the euro, 1.244 versus the kiwi, 79.0 against the yen and 0.828 against the buck.