RTTN:NZ Dollar Slides To Fresh 7-week Low Against Euro
(RTTNews) - The New Zealand dollar extended late Asian session's slide against the currencies of Australia and Europe in early deals on Wednesday.
The kiwi slipped to 1.5681 against the euro around 5:00 am ET, its lowest level since July 7. On the downside, the NZ dollar may find support around the 1.5710 level.
The New Zealand currency also fell to a 1-week low of 1.2928 against the Australian dollar around this time. If the kiwi weakens further, likely target level is seen at 1.2950.