NZ Dollar Extends Weakness Against Majors
September 28 2016 - 3:04AM
RTTF2
The New Zealand dollar continued to be lower against the other
major currencies in European trading on Wednesday.
The kiwi weakened to a new 6-week low of 1.0586 against the
aussie, following a high of 1.0482 hit at 5:00 pm ET.
The kiwi hit 2-day lows of 0.7240 against the greenback and
1.5493 against the euro, off its early highs of 0.7305 and
1.5339,respectively.
The kiwi pared gains to 72.91 against the yen, reversing from an
early high of 73.35.
The kiwi may locate support around 1.07 against the aussie, 1.58
against the euro, 0.70 against the greenback and 71.00 against the
yen.
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