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Forex News: NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

11/16/2023 - 01:01:00 (RTTNews)

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

The NZ dollar fell to 2-day lows of 1.8153 against the euro and 90.31 against the yen, from yesterday's closing quotes of 1.8005 and 91.16, respectively.

Against the U.S. and the Australian dollars, the kiwi slipped to 2-day lows of 0.5971 and 1.0833 from Wednesday's closing quotes of 0.6029 and 1.0802, respectively.

If the kiwi extends its downtrend, it is likely to find support around 1.83 against the euro, 87.00 against the yen, 0.58 against the greenback and 1.09 against the aussie.

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