NZ Dollar Falls Against Majors
14 August 2024 - 11:59AM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Wednesday.
The NZ dollar fell to a 2-day low of 0.6004 against the U.S.
dollar, from an early near 4-week high of 0.6084.
Against the euro and the Australian dollar, the kiwi dropped to
a 1-week low of 1.8316 and a 2-week low of 1.1032 from yesterday's
closing quotes of 1.8090 and 1.0920, respectively.
The kiwi edged down to 88.00 against the yen, from yesterday's
closing value of 89.32.
If the kiwi extends its downtrend, it is likely to find support
around 0.58 against the greenback, 1.87 against the euro, 1.13
against the aussie and 93.00 against the yen.
NZD vs US Dollar (FX:NZDUSD)
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