NZ Dollar Extends Slide Against Most Majors
July 31 2015 - 06:16AM
RTTF2
The New Zealand dollar weakened against most major currencies in
the European session on Friday.
The NZ dollar fell to nearly a 2-week low of 0.6536 against the
U.S. dollar, from an early high of 0.6615.
Against the yen and the euro, the kiwi dropped to a 4-day low of
81.23 and a 3-day low of 1.6781 from early highs of 82.14 and
1.6515, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 0.64 against the greenback, 80.00 against the yen and 1.69
against the euro.
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