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Forex News: NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

11/07/2023 - 04:02:00 (RTTNews)

(RTTNews) - 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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