NZ Dollar Extends Weakness Against Majors
03:04, 28th September 2016
(RTTNews) - The New Zealand dollar continued to be lower against the other major currencies in European trading on Wednesday.
The kiwi weakened to a new 6-week low of 1.0586 against the aussie, following a high of 1.0482 hit at 5:00 pm ET.
The kiwi hit 2-day lows of 0.7240 against the greenback and 1.5493 against the euro, off its early highs of 0.7305 and 1.5339,respectively.
The kiwi pared gains to 72.91 against the yen, reversing from an early high of 73.35.
The kiwi may locate support around 1.07 against the aussie, 1.58 against the euro, 0.70 against the greenback and 71.00 against the yen.
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