NZ Dollar Slides Against Majors

RTTNews | 35 days ago
NZ Dollar Slides Against Majors

(RTTNews) - The New Zealand dollar weakened against other major currencies in the European session on Thursday.

The NZ dollar fell to 0.5870 against the U.S. dollar and 92.63 against the yen, from early highs of 0.5896 and 92.92, respectively.

Against the euro and the Australian dollar, the kiwi edged down to 1.9668 and 1.2000 from early highs of 1.9604 and 1.1974, respectively.

If the kiwi extends its downtrend, it is likely to find support around 0.57 against the greenback, 91.00 against the yen, 1.99 against the euro and 1.21 against the aussie.

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