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2016.07.2601:47:00UTC+00Australian Dollar Rises Against Some Majors

The Australian dollar strengthened against some major currencies in the late Asian session on Tuesday.

The Australian dollar rose to nearly a 2-week high of 0.9945 against the Canadian dollar, from yesterday's closing value of 0.9869.

Against the U.S. dollar and the euro, the aussie advanced to 1-week highs of 0.7536 and 1.4589 from yesterday's closing quotes of 0.7468 and 1.4715, respectively.

If the aussie extends its uptrend, it is likely to find resistance around 1.00 against the loonie, 0.77 against the greenback and 1.44 against the euro.



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