NZ Dollar Slides Against Majors
April 23 2015 - 10:08PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Friday.
The NZ dollar fell to a 4-week low of 1.0279 against the
Australian dollar and more than a 2-week low of 1.4296 against the
euro, from yesterday's closing quotes of 1.0237 and 1.4242,
respectively.
Against the yen, the kiwi dropped to an 8-day low of 90.35
against the yen, from yesterday's closing value of 90.75,
respectively.
The kiwi edged down to 0.7561 against the U.S. dollar, from
yesterday's closing value of 0.7588.
If the kiwi extends its downtrend, it is likely to find support
around 1.05 against the aussie, 1.50 against the euro, 87.00
against the yen and 0.73 against the greenback.
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