NZ Dollar Falls Against Most Majors
July 24 2016 - 8:27PM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Monday.
The NZ dollar fell to a 4-day low of 0.6957 against the U.S.
dollar, from Friday's closing value of 0.7001.
Against the euro and the yen, the kiwi edged down to 1.5745 and
74.12 from an early 5-day high of 1.5628 and a 4-day high of 74.62,
respectively.
If the kiwi extends its downtrend, it is likely to find support
around 0.68 against the greenback, 1.63 against the euro and 0.71
against the yen.
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