RTTN: Australian Dollar Slides To 3-week Low Against NZ Dollar
(RTTNews) - Extending its 4-day losing streak, the Australian dollar reached a 3-week low of 1.2966 against the NZ dollar around 10:35 am ET.
The aussie thus depreciated by almost 2 percent from Monday's fresh 6-month high of 1.3226 and more than 0.6 percent from Wednesday's closing quote of 1.3047.
The aussie-kiwi pair is presently worth 1.2973 with 1.2950 seen as the next likely support level in near-term.