NZ Dollar Falls Against Majors
December 05 2016 - 5:25PM
RTTF2
The New Zealand dollar weakened against the other major
currencies in the Asian session on Tuesday.
The NZ dollar fell to nearly a 3-week low of 1.5162 against the
euro, from yesterday's closing value of 1.5070.
Against the U.S. dollar, the kiwi dropped to 0.7094 from an
early 6-day high of 0.7159.
Against the yen and the Australian dollar, the kiwi edged down
to 80.59 and 1.0491 from yesterday's closing value of 81.26 and
1.0462, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 1.56 against the euro, 0.70 against the greenback, 79.00
against the yen and 1.06 against the aussie.
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