The Australian dollar that recovered its early sell-off in late Asian trading on Tuesday has been extending its rally against most major currencies during early European deals. At present, the aussie is trading at fresh 1-week highs of 0.9898 against the US dollar and 78.70 against the yen.
Against the Canadian dollar, the aussie is worth 1.0110.
If the aussie advances further, it may target 79.2 against the yen, 0.994 against the greenback and 1.012 against the loonie.
by RTT Staff Writer
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