NZ Dollar Slides Against Majors
(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
The NZ dollar fell to nearly a 2-month low of 0.6040 against the U.S. dollar, a 2-week low of 90.07 against the yen and a 6-day low of 1.8018 against the euro, from yesterday's closing quotes of 0.6082, 90.74 and 1.7899, respectively.
Against the Australian dollar, the kiwi edged down to 1.1049 from Tuesday's closing value of 1.1016.
If the kiwi extends its downtrend, it is likely to find support around 0.59 against the greenback, 87.00 against the yen, 1.82 against the euro and 1.11 against the aussie.
read more
Antipodean Currencies Slide Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amidst risk aversion, as some traders looked to cash in on recent strength in the markets and booked some profits. The rising tensions in the Middle East and reports about China's extensive drills around Taiwan are also hurting market sentiment.
RTTNews
|
10h 40min ago
Euro Weakens Ahead Of ECB Rate Decision
The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
RTTNews
|
23h 6min ago
Yen Rises Amid BoJ Rate Hike Uncertainty
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Ueda's dovish remarks and incoming Prime Minister Shigeru Ishiba's unexpected resistance to additional rate increases.
RTTNews
|
1 day ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
RTTNews
|
1 day ago
U.S. Dollar Rises As China Economy Grows
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as a Japanese holiday reduced liquidity and made China's very lackluster weekend stimulus measures the center of attention for the market.
RTTNews
|
2 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
2 days ago
Antipodean Currencies Rise Amid Risk Appetite
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as investor sentiment boosted after data showed the bigger-than-expected increase in U.S. consumer prices further offset optimism the U.S. Fed will continue to aggressively lower interest rates in the coming months. China is also falling as the markets await potential fiscal stimulus announcements on Saturday.
RTTNews
|
5 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
5 days ago
