NZ Dollar Drops Against Most Majors
08 August 2017 - 3:51AM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Tuesday.
The NZ dollar fell to a 2-1/2-month low of 1.6065 against the
euro and nearly a 1-1/2-month low of 81.31 against the yen, from
yesterday's closing quotes of 1.6019 and 81.52, respectively.
Against the U.S. dollar, the kiwi dropped to 0.7351 from
yesterday's closing value of 0.7363.
If the kiwi extends its downtrend, it is likely to find support
around 1.63 against the euro, 80.00 against the yen and 0.72
against the greenback.
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