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NZ Dollar Falls Against Majors

01:24, 30th March 2017

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

The NZ dollar fell to a 9-day low of 1.0926 against the Australian dollar, from an early high of 1.0887.

Against the U.S. dollar, the yen and the euro, the kiwi dropped to 0.7003, 77.76 and 1.5345 from an early 2-day high of 0.7044, a 1-week high of 78.32 and an 8-day high of 1.5277, respectively.

If the kiwi extends its downtrend, it is likely to find support around 1.10 against the aussie, 0.68 against the greenback, 76.00 against the yen and 1.55 against the euro.

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