NZ Dollar Falls Against Majors
February 16 2017 - 8:02PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Friday.
The NZ dollar fell to a 4-day low of 1.4819 against the euro,
from yesterday's closing value of 1.4790.
Against the yen, the kiwi dropped to 81.60 from yesterday's
closing value of 81.93. This may be compared to an early 3-day low
of 81.51.
Against the U.S. and the Australian dollars, the kiwi dropped to
a 2-day low of 0.7200 and nearly a 4-month low of 1.0708 from
yesterday's closing quotes of 0.7214 and 1.0662, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 1.50 against the euro, 80.00 against the yen, 0.70 against
the greenback and 1.08 against the aussie.
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