21.09.201702:08:00UTC+00Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the pre-European session on Thursday.

The Australian dollar fell to nearly a 1-month low of 1.0881 against the NZ dollar, from yesterday's closing value of 1.0915.

Against the U.S. and the Canadian dollars, the aussie dropped to 2-day lows of 0.7962 and 0.9829 from yesterday's closing quotes of 0.8031 and 0.9894, respectively.

Against the yen and the euro, the aussie slid to 89.53 and 1.4927 from an early near 2-year high of 90.30 and a 5-week high of 1.4792, respectively.

If the aussie extends its downtrend, it is likely to find support around 1.07 against the kiwi, 0.78 against the greenback, 0.97 against the loonie, 88.00 against the yen and 1.51 against the euro.