NZ Dollar Retreats Against Majors
20 September 2017 - 11:26AM
RTTF2
The New Zealand dollar retreated from early highs against other
major currencies in the Asian session on Wednesday.
The NZ dollar fell to 81.40 against the yen and 1.0978 against
the Australian dollar, from an early more than a 6-week high of
81.86 and a 4-week high of 1.0921, respectively.
Against the U.S. dollar and the euro, the kiwi dropped to 0.7303
and 1.6439 from an early 2-day highs of 0.7342 and 1.6349,
respectively.
If the kiwi extends its downtrend, it is likely to find support
around 79.00 against the yen, 1.11 against the aussie, 0.72 against
the greenback and 1.66 against the euro.
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