NZ Dollar Slides Against Majors
September 25 2016 - 8:39PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Monday.
The NZ dollar fell to a 5-week low of 72.83 against the yen,
nearly a 5-week low of 1.5552 against the euro and nearly a 4-week
low of 0.7220 against the U.S. dollar, from Friday's closing quotes
of 73.11, 1.5486 and 0.7239, respectively.
Against the Australian dollar, the kiwi dropped to 1.0538 from
Friday's closing value of 1.0516.
If the kiwi extends its downtrend, it is likely to find support
around 71.00 against the yen, 1.57 against the euro, 0.71 against
the greenback and 1.07 against the aussie.
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