NZ Dollar Drops Against Majors
22:57, 26th November 2015
(RTTNews) - The New Zealand dollar drifted lower against its major rivals in European morning deals on Friday.
The kiwi slipped to a 3-day low of 80.11 against the yen, 2-day lows of 0.6548 against the greenback and 1.6229 against the euro, from its prior highs of 80.69, 0.6578 and 1.6116, respectively.
Reversing from an early high of 1.0977 against the aussie, the kiwi edged down to 1.1017.
If the kiwi extends decline, it is likely to locate support around 0.645 against the greenback, 79.00 against the yen, 1.64 against the euro and 1.11 against the aussie.
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