RTTN: Australian Dollar Trades Down Against Major Rivals
(RTTNews) - The Australian dollar traded further lower against major currencies during New York mid-day deals on the first trading day of this week.
Extending its European session's downtrend, the Aussie declined further against the euro in today's New York mid-day session and fell to a new multi-day low of 1.1761 by about 10:30 am ET. The pair is currently trading near 1.1748, compared to last week's closing value of 1.1629.
Traders are now focus on the second quarter gross domestic product growth data for the euro-zone economies due Tuesday.
After edging up to 82.84 at about 7:10 am ET, the Australian unit declined against the Japanese yen in today's North American deals and dropped to a 10-day low of 82.27 as of 11:05 am ET. Presently, the pair is worth 82.33 from last Friday's close of 82.82.
The Australian currency that hit highs of 1.0575 against the US dollar and 1.0480 versus the Canadian dollar at around 7:15 am ET, showed weakness thereafter and as of now trading near 1.0508 and 1.0442, respectively.
