NZ Dollar Falls Against Majors
25 March 2015 - 04:39PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Wednesday.
The NZ dollar fell to 0.7634 against the U.S. dollar, 91.31
against the yen and 1.0319 against the Australian dollar, from
early highs of 0.7662, 91.74 and 1.0273, respectively. At
yesterday's close, the kiwi was trading at 0.7651 against the
greenback, 91.61 against the yen and 1.0286 against the aussie.
Pulling away from an early 2-day high of 1.4238 against the
euro, the kiwi edged down to 1.4318. The pair was trading at 1.4263
at yesterday's close.
If the kiwi extends its downtrend, it is likely to find support
around 0.73 against the greenback, 90.05 against the yen, 1.49
against the euro and 1.05 against the aussie.
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