RTTN: Yen Slides To New Multi-year Low Against NZ Dollar
The Japanese yen extended previous session's slide against its major rivals on Thursday morning in New York.
The yen reached 76.47 against the NZ dollar around 9:50 am ET, its weakest level since August 2008.
The Japanese currency also slipped to a 6-day low of 144.27 against the pound around the same time.
The yen drifted weaker to 123.87 against the euro, 100.11 against the Swiss franc and 91.25 against the US dollar by 10:00 am ET.
The yen also lost ground against the resource-linked currencies, falling as low as 91.18 against the Canadian dollar and 95.06 against the Australian dollar around the same time.
On the downside, the yen may find support levels at 144.90/143.0 against the pound, 91.45/50 against the greenback, 101.50 against the Swiss franc, 91.60 against the Canadian dollar, 96.70 against the Australian dollar and 78.30 against the NZ dollar.
