News Column

Australian Dollar Climbs Against Most Majors

June 8, 2014

CANBERA (Alliance News) - The Australian dollar advanced against most major currencies in early Asian deals on Monday.

The aussie hit 95.91 against the yen for the first time since May 14.

The aussie that closed Friday's deals at 0.9327 against the greenback and 1.0196 against the loonie rose to 0.9350 and 1.0224, respectively.

The aussie edged up to 1.4590 against the euro, compared to last week's closing quote of 1.4606.

If the aussie extends gain, it may face resistance around 0.94 against the greenback, 97.4 against the yen, 1.45 against the euro and 1.035 against the loonie.

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Source: Alliance News

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