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NZ Dollar Falls Against Majors

20:23, 25th September 2017

(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.

The NZ dollar fell to near 2-week lows of 0.7236 against the U.S. dollar and 80.76 against the yen, from yesterday's closing quotes of 0.7263 and 81.15, respectively.

Against the Australian dollar, the kiwi dropped to a 6-day low of 1.0976 from yesterday's closing value of 1.0921.

The kiwi edged down to 1.6385 against the euro, from yesterday's closing value of 1.6309.

If the kiwi extends its downtrend, it is likely to find support around 0.70 against the greenback, 79.00 against the yen, 1.11 against the aussie and 1.66 against the euro.

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