NZ Dollar Falls Against Majors
10 July 2024 - 10:47AM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Wednesday.
The NZ dollar fell to nearly a 1-1/2-year low of 1.1092 against
the Australian dollar and nearly a 2-month low of 1.7801 against
the euro, from yesterday's closing quotes of 1.1000 and 1.7646,
respectively.
Against the U.S. dollar and the yen, the kiwi slid to a 1-week
low of 0.6075 from Tuesday's closing value of 0.6123.
The kiwi dropped to a 5-day low of 98.13 against the yen, from
an early 2-day high of 99.04.
If the kiwi extends its downtrend, it is likely to find support
around 1.11 against the aussie, 1.81 against the euro, 0.59 against
the greenback and 95.00 against the yen.
NZD vs US Dollar (FX:NZDUSD)
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