NZ Dollar Extends Decline Against Majors
25 March 2015 - 07:22PM
RTTF2
The New Zealand dollar extended its early decline against the
other major currencies in the early European session on
Wednesday.
The NZ dollar fell to 2-day lows of 0.7600 against the U.S.
dollar and 91.02 against the yen, from early highs of 0.7662 and
91.74, respectively.
Pulling away from an early 2-day high of 1.4238 against the
euro, the kiwi edged down to 1.4348.
Against the Australian dollar, the kiwi dropped to 1.0329 from
an early high of 1.0273.
If the kiwi extends its downtrend, it is likely to find support
around 0.73 against the greenback, 87.90 against the yen, 1.47
against the euro and 1.05 against the aussie.
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