RTTN:NZ Dollar Extends Decline Against Aussie And Greenback
(RTTNews) - During European deals on Tuesday, the New Zealand dollar has been extending its Asian session's decline against the Australian and US dollars as traders continued selling the kiwi after the nation's third quarter consumer price index came in less than forecast.
The kiwi is now trading at a fresh 4-month low of 1.3062 against the aussie with 1.320 seen as the next downside target level.
Against the greenback, the kiwi is presently worth 0.8016. If the kiwi weakens further, it may likely target the 0.790 level.
