NZ Dollar Slides Against Most Majors
May 02 2016 - 9:39PM
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 1.6528 against the euro,
from an early high of 1.6348.
Against the U.S. dollar and the yen, the kiwi edged down to
0.6974 from an early 2-week high of 0.7054.
The kiwi dropped to more than a 3-week low of 73.86 against the
yen, from an early 4-day high of 74.90.
If the kiwi extends its downtrend, it is likely to find support
around 1.67 against the euro, 0.68 against the greenback and 73.00
against the yen.
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