Australian dollar fell against American dollar and other major currencies after the announcement of Australian economy about Producer Price index that unexpectedly declined during the first quarter, which hindered the demand on Australian dollar.

Moreover, the declining in Australian dollar's demand is supported by the falling in inflation rates which may push on the Reserve Bank of Australia to decline the interest rate in order to maintain inflation rate.

AUD/USD pair reached the lowest at 1.0325 while open was at 1.0381, currently at 1.0331. AUD/JPY pair fell to lowest at 83.90 with opening at 84.69, currently at 83.99.