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Forex News: NZ Dollar Drops Against Most Majors

NZ Dollar Drops Against Most Majors

09/06/2017 - 01:46:00 (RTTNews)

(RTTNews) - The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.

The NZ dollar fell to 0.7222 against the U.S. dollar and 78.49 against the yen, from yesterday's closing quotes of 0.7235 and 78.72, respectively.

Against the euro, the kiwi dropped to 1.6488 from yesterday's closing value of 1.6463.

If the kiwi extends its downtrend, it is likely to find support around 0.70 against the greenback, 76.00 against the yen and 1.67 against the euro.

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