RTTN:Aussie Slides To Nearly 2-week Low Against NZ Dollar
The Australian dollar extended its post-RBA sell-offs against the New Zealand dollar in early deals on Tuesday.
The aussie slipped to 1.1407 against the NZ dollar around 5:20 am ET, its weakest level since October 23 and down by more than 0.7 percent from a 5-day high of 1.1493 hit before the Reserve Bank of Australia's rate decision in the morning.
On the downside, the next likely support for the aussie-kiwi pair is seen around the 1.1340 area.