NZ Dollar Falls Against Majors
23 September 2016 - 9:42AM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Friday.
The NZ dollar fell to nearly a 5-week low of 1.0489 against the
Australian dollar, a 1-week low of 1.5389 against the euro and a
4-day low of 0.7276 against the U.S. dollar, from yesterday's
closing quotes of 1.0448, 1.5322 and 0.7311, respectively.
Against the yen, the kiwi edged down to 73.57 from an early high
of 73.78.
If the kiwi extends its downtrend, it is likely to find support
around 1.06 against the aussie, 1.55 against the euro, 0.71 against
the greenback and 72.00 against the yen.
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