NZ Dollar Drops Against Majors
November 29 2015 - 4:09PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Monday.
The NZ dollar fell to a 6-day low of 0.6514 against the U.S.
dollar and a 5-day low of 1.6243 against the euro, from last week's
closing quotes of 0.6525 and 1.6203, respectively.
Against the yen and the Australian dollar, the kiwi dropped to
79.98 and 1.1021 from Friday's closing quotes of 80.18 and 1.0999,
respectively.
If the kiwi extends its downtrend, it is likely to find support
around 0.64 against the greenback, 1.65 against the euro, 79.00
against the yen and 1.11 against the aussie.
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