The Australian dollar extended its previous session downtrend against most major currencies in New York morning trading on Monday. At around 10:00 am ET, the Aussie dropped to nearly 2-month lows of 0.9569 against the US dollar and 0.9804 versus the Canadian dollar, which may be compared to last week's closing values of 0.9645 and 0.9848, respectively. Currently, the Aussie is trading near 0.9597 against the greenback and 0.9834 versus the loonie.
After edging up to 81.41 in early European session, the Aussie traded lower against its Japanese counterpart during today's New York morning and fell to 80.76 by about 10:00 am ET. As of now, the pair is worth 80.93.
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