NZ Dollar Damages Against Majors

By | October 5, 2018

The New Zealand dollar drifted lower against its significant counterparts in pre-European deals on Friday.

The kiwi slipped to a 2-1/2-year low of 0.6463 against the greenback and more than a 2-week low of 73.59 against the yen, from its early highs of 0.6486 and 73.94, respectively.

Against the euro, the kiwi was up to more than a 3-week low of 1.7801, from an early high of 1.7758.

The kiwi pared gains to 1.0932 against the aussie, from an early high of 1.0906.

The next possible assistance for the kiwi is seen around 0.63 versus the greenback, 72.00 versus the yen, 1.80 against the euro and 1.11 versus the aussie.

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