NZ Dollar Slides Against Most Majors
03 September 2024 - 6:23AM
RTTF2
The New Zealand dollar weakened against most major currencies in
the late Asian session on Tuesday.
The NZ dollar fell to nearly a 2-week low of 0.6183 against the
U.S. dollar, from Friday's closing value of 0.6230.
Against the euro and the yen, the kiwi slipped to a 6-day low of
1.7877 and a 5-day low of 90.28 from last week's closing quotes of
1.7759 and 91.52, respectively.
If the kiwi extends its downtrend, it is likely to find support
around 0.59 against the greenback, 1.85 against the euro and 85.00
against the yen.
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