NZ Dollar Falls Against Majors
21 October 2016 - 11:47AM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Friday.
The NZ dollar fell to a 3-day low of 0.7162 against the U.S.
dollar and a 2-day low of 74.56 against the yen, from yesterday's
closing quotes of 0.7191 and 74.75, respectively.
Against the euro, the kiwi dropped to 1.5224 from yesterday's
closing value of 1.5188.
The kiwi edged down to 1.0652 against the Australian dollar,
from an early near 2-week high of 1.0588.
If the kiwi extends its downtrend, it is likely to find support
around 0.70 against the greenback, 73.00 against the yen, 1.54
against the euro and 1.07 against the aussie.
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