NZ Dollar Falls Against Majors
January 15 2017 - 6:48PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Monday.
The NZ dollar fell to a 5-day low of 80.93 against the yen, from
Friday's closing value of 81.54.
The kiwi dropped to 1.4971 against the euro, from an early
1-month high of 1.4876.
Against the U.S. and the Australian dollars, the kiwi slipped to
0.7088 and 1.0543 from an early more than 1-month high of 0.7148
and a 6-day high of 1.0498, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 79.00 against the kiwi, 1.53 against the euro, 0.69 against
the greenback and 1.06 against the aussie.
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