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Australian Dollar Falls Against Majors

The Australian dollar weakened against the other major currencies in the Asian session on Thursday.

The Australian dollars fell to 2-day lows of 0.7622 against the U.S. dollar and 1.4304 against the euro, from yesterday's closing quotes of 0.7649 and 1.4256, respectively.

Against the yen, the Canadian and the New Zealand dollars, the aussie dropped to 79.56, 1.0206 and 1.0655 from yesterday's closing quotes of 79.92, 1.0234 and 1.0690, respectively.

If the aussie extends its downtrend, it is likely to find support around 0.75 against the greenback, 1.47 against the euro, 77.00 against the yen, 0.99 against the loonie and 1.05 against the kiwi.

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