NZ Dollar Falls Against Most Majors
May 23 2016 - 8:04PM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Tuesday.
The NZ dollar fell to an 8-day low of 73.45 against the yen,
from yesterday's closing value of 73.85.
Against the euro and the U.S. dollar, the kiwi dropped to a
6-day low of 1.6685 and a 5-day low of 0.6714 from yesterday's
closing quotes of 1.6583 and 0.6761, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 72.00 against the yen, 1.69 against the euro and 0.66
against the greenback.
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