Markets > Currencies

Aussie dollar drops below 69 U.S. cents

SYDNEY
2019-07-31 08:15

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SYDNEY, July 31 (Xinhua) -- The Australian dollar eased against the greenback on Wednesday, falling below 69 U.S. cents for the first time in over a month.

At 07:00 (AEST), the Australian dollar was buying 68.98 U.S. cents, down from 69.02 U.S. cents on Tuesday.

Overnight, “AUD extended a two-week old slide to 0.6869 -- the lowest since 19 June,” Westpac economists said in a morning note.

Meanwhile, “the U.S. dollar index is unchanged on the day, after earlier nudging up to a two-month high.”

At 09:30 (AEST), the local unit was buying 68.76 U.S. cents.
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