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 Australian Dollar Hits 1-week Low Against U.S. Dollar

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PostSubject: Australian Dollar Hits 1-week Low Against U.S. Dollar   Australian Dollar Hits 1-week Low Against U.S. Dollar Icon_minitimeWed Sep 19, 2012 11:22 am

Australian Dollar Hits 1-week Low Against U.S. Dollar


Extending slide, the Australian dollar declined against the U.S. dollar in the European session on Tuesday amid escalation of hostilities between China and Japan over a group of disputed islands.
The aussie fell to 1.0412 against the greenback, its weakest level in a week. The next support level for the aussie-greenback pair is seen at 1.035.
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