RTTN:NZ Dollar Drops To 10-day Low Against Greenback
(RTTNews) - The New Zealand dollar extended Asian session's downtrend against major currencies in early deals Monday, hitting as low as 1.2614 versus the Australian dollar, 64.46 against the yen and 1.6859 against the euro around 6:15 am ET.
On the downside, the kiwi may find target levels at 1.2620 versus the aussie, 1.6950 against the euro and 64.43 against the yen.
The New Zealand dollar reached a 10-day low of 0.8385 against the US dollar around this time. The kiwi-greenback pair is presently worth 0.8389 with 0.8270 seen as the next likely downside target level.
