NZ Dollar Falls Against Majors
November 06 2023 - 11:02PM
RTTF2
The New Zealand dollar weakened against other major currencies
in the European session on Tuesday.
The NZ dollar fell to a 5-day low of 1.8081 against the euro,
from an early high of 1.7954.
Against the U.S. dollar and the yen, the kiwi dropped to 4-day
lows of 0.5915 and 89.00 from early highs of 0.5968 and 89.61,
respectively.
If the kiwi extends its downtrend, it is likely to find support
around 1.83 against the euro, 0.57 against the greenback and 87.00
against the yen.
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