NZ Dollar Falls Against Majors
April 24 2017 - 9:13PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Tuesday.
The NZ dollar fell to a 6-1/2-month low of 1.5547 against the
euro and a 1-week low of 1.0816 against the Australian dollar, from
yesterday's closing quotes of 1.5484 and 1.0786, respectively.
Against the U.S. dollar and the yen, the kiwi dropped to 4-day
lows of 0.6985 and 76.84 from yesterday's closing quotes of 0.7016
and 77.00, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 1.57 against the euro, 1.10 against the aussie, 0.69 against
the greenback and 75.00 against the yen.
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