NZ Dollar Slides Against Most Majors
(RTTNews) - The New Zealand dollar weakened against most major currencies in the Asian session on Wednesday.
The NZ dollar fell to more than a 2-year low of 0.5731 against the U.S. dollar and more than a 4-month low of 1.8321 against the euro, from yesterday's closing quotes of 0.5751 and 1.8223, respectively.
Against the yen, the kiwi slid to a 5-day low of 87.93 from yesterday's closing value of 88.27.
If the kiwi extends its downtrend, it is likely to find support around 0.55 against the greenback, 0.84 against the euro and 86.00 against the yen.
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Yen Rises Against Majors
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Yen Falls Against Majors
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Japanese Yen Lower Against Majors
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Friday.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Friday.
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U.S. Dollar Appreciates After Hot PPI Data
The U.S. dollar moved up against its most major counterparts in the New York session on Thursday, as producer price inflation increased more than expected in November, supporting expectations that the U.S. central bank will cut rates by 25 basis points next week.
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