NZ Dollar Slides Against Most Majors
(RTTNews) - The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
The NZ dollar fell to nearly a 2-week low of 0.6245 against the U.S. dollar and a 5-day low of 1.7532 against the euro, from yesterday's closing quotes of 0.6252 and 1.7487, respectively.
Against the yen, the kiwi edged down to 88.72 from a recent high of 89.13.
If the kiwi extends its downtrend, it is likely to find support around 0.59 against the greenback, 1.76 against the euro and 87.00 against the yen.
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