NZ Dollar Drops Against Majors
19 Juli 2024 - 4:18AM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Friday.
The NZ dollar fell to more than a 2-month low of 0.6021 against
the U.S. dollar, a 2-day low of 1.1125 against the Australian
dollar and a 2-1/2- month low of 1.8080 against the euro, from
yesterday's closing quotes of 0.6044, 1.1092 and 1.8080,
respectively.
Against the yen, the kiwi edged down to 94.79 from Thursday's
closing value of 95.11.
If the kiwi extends its downtrend, it is likely to find support
around 0.58 against the greenback, 1.12 against the aussie, 1.83
against the euro and 92.00 against the yen.
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