NZ Dollar Slides Against Majors
May 12 2024 - 10:23PM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Monday.
The New Zealand dollar fell to a 5-day low of 1.7950 against the
euro, from Friday's closing value of 1.7901.
Against the U.S. dollar and the yen, the kiwi slid to 4-day lows
of 0.6000 and 93.48 from last week's closing quotes of 0.6019 and
93.77, respectively.
The kiwi dropped to a 5-day low of low of 1.0991 against the
Australian dollar, from an early 4-day high of 1.0959.
If the kiwi extends its downtrend, it is likely to find support
around 1.81 against the euro, 0.58 against the greenback, 90.00
against the yen and 1.10 against the aussie.
NZD vs US Dollar (FX:NZDUSD)
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