NZ Dollar Slides Against Most Majors
February 08 2016 - 4:20PM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Tuesday.
The NZ dollar fell to a 6-day low of 0.6589 against the U.S.
dollar, from yesterday's closing value of 0.6623.
Against the yen and the euro, the kiwi dropped to a 2-week low
of 75.79 and nearly a 2-week low of 1.7000 from yesterday's closing
quotes of 76.74 and 1.6881, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 0.64 against the greenback, 73.00 against the yen and 1.72
against the euro.
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