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Forex News: NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

11/17/2023 - 01:05:00 (RTTNews)

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

The NZ dollar fell to 3-day lows of 1.8243 against the euro and 89.42 against the yen, from yesterday's closing quotes of 1.8196 and 89.89, respectively.

Against the U.S. and the Australian dollars, the kiwi dropped to 3-day lows of 0.5947 and 1.0860 from Thursday's closing quotes of 0.5965 and 1.0846, respectively.

If the kiwi extends its downtrend, it is likely to find support around 1.83 against the euro, 87.00 against the yen, 0.57 against the greenback and 1.09 against the aussie.

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