RTTN: NZ Dollar Extends Downtrend Against Most Majors
(RTTNews) - The NZ dollar has been extending its downtrend against the currencies of U.S., Japan and Australia in early deals on Tuesday. At present, the kiwi is trading at more than a 3-week low of 0.6997 against the U.S. dollar, a 1-week low of 65.63 against the yen and a new multi-year low of 1.3229 against the aussie.
Against the euro, the NZ dollar that showed choppy trend in Asian deals lost ground during early European trading. As of now, the kiwi is trading at 1.9187 against the euro.