Investing.com – The Australian dollar fell to a daily low against the greenback on Tuesday, as nagging fears over Greece's debt crisis sapped investors' demand for riskier assets.
AUD/USD hit 0.9146 during European morning trade, the daily low. The pair subsequently consolidated around 0.9152, shedding 0.33%.
The pair was likely to find short-term support at 0.9055, the low of March 9, and resistance at 0.9327, the high of Jan. 14.
Also Tuesday, Greece's finance minister said his country would have no trouble in borrowing money on financial markets in the coming months, despite persistently high lending rates, The Associated Press reported.
The Aussie rose versus sterling on Tuesday, meanwhile, with GBP/AUD dropping 0.3% to hit 1.6396.
Later in the day, an industry group was set to release data on U.S. existing home sales, a key indicator of economic health.
AUD/USD hit 0.9146 during European morning trade, the daily low. The pair subsequently consolidated around 0.9152, shedding 0.33%.
The pair was likely to find short-term support at 0.9055, the low of March 9, and resistance at 0.9327, the high of Jan. 14.
Also Tuesday, Greece's finance minister said his country would have no trouble in borrowing money on financial markets in the coming months, despite persistently high lending rates, The Associated Press reported.
The Aussie rose versus sterling on Tuesday, meanwhile, with GBP/AUD dropping 0.3% to hit 1.6396.
Later in the day, an industry group was set to release data on U.S. existing home sales, a key indicator of economic health.