NZ Dollar Drops Against Majors
February 10 2016 - 6:35PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Thursday.
The NZ dollar fell to a 3-week low of 75.08 against the yen,
from yesterday's closing value of 75.73.
The kiwi dropped to 1.6936 against the euro, from yesterday's
closing value of 1.6876.
Against the U.S. and the Australian dollars, the kiwi edged down
to 0.6664 and 1.0646 from an early 6-day high of 0.6734 and a 2-day
high of 1.0599, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 73.00 against the yen, 1.72 against the euro, 0.65 against
the greenback and 1.07 against the aussie.
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