NZ Dollar Drops Against Majors
March 23 2017 - 9:08PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Friday.
The NZ dollar fell to a 1-week low of 0.7007 against the U.S.
dollar and a 2-day low of 1.5361 against the euro, from yesterday's
closing quotes of 0.7029 and 1.5339, respectively.
Against the yen, the kiwi dropped to 77.98 from an early high of
78.29.
Against the Australian dollar, the kiwi edged down to 1.0874
from yesterday's closing value of 1.0843.
If the kiwi extends its downtrend, it is likely to find support
around 0.68 against the greenback, 1.55 against the euro, 76.00
against the yen and 1.10 against the aussie.
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