NZ Dollar Slides Against Majors
25 October 2024 - 12:36PM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Friday.
The NZ dollar fell to nearly a 2-1/2-month low of 0.5987 against
the U.S. dollar, more than a 2-week low of 1.8074 against the euro
and a 3-day low of 90.78 against the yen, from yesterday's closing
quotes of 0.6014, 1.7997 and 91.30, respectively.
Against the Australian dollar, the kiwi edged down to 1.1058
from Thursday's closing value of 1.1037.
If the kiwi extends its downtrend, it is likely to find support
around 0.58 against the greenback, 1.81 against the euro, 89.00
against the yen and 1.11 against the aussie.
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