Jan. 9 (Bloomberg) -- The Australian dollar weakened against most of its major peers amid concern Europe’s sovereign debt crisis is deepening.

The so-called Aussie dropped 0.3 percent to $1.0194 at 10:17 a.m. in Sydney from the close in New York on Jan. 6.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net