NZ Dollar Slides Against Most Majors
02 July 2024 - 12:43PM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Tuesday.
The NZ dollar fell to more than a 1-1/2-month low of 0.6048
against the U.S. dollar and more than a 1-month low of 1.7748
against the euro, from yesterday's closing quotes of 0.6074 and
1.7673, respectively.
Against the yen, the kiwi dropped to 97.75 from Monday's closing
value of 98.08.
If the kiwi extends its downtrend, it is likely to find support
around 0.58 against the greenback, 1.81 against the euro and 92.00
against the yen.
NZD vs US Dollar (FX:NZDUSD)
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