RTTN:Australian Dollar Pares Gain Against Some Majors
The Australian dollar retraced its early gains against the euro, U.S. and Canadian dollars ahead of European deals on Monday.
The aussie that advanced to 0.9286 against the greenback, 1.4310 against the euro and 0.9532 against the loonie in prior deals pared gains shortly and is trading at 0.9241, 1.4343 and 0.9500, respectively.
The next downside target level for the aussie is seen around 0.90 versus the greenback, 1.455 against the euro and 0.935 against the loonie.