RTTN: NZ Dollar Off New Multi-week High Against Yen
(RTTNews) - The New Zealand dollar that advanced to nearly a 4-week high of 61.61 against the Japanese yen at the beginning of Monday's European session reversed direction shortly to reach as low as 61.25 around 6:05 am ET. The kiwi-yen pair is presently worth 61.30 with 61.10 seen as the next likely downside target level in near-term.