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 NZ Dollar Weakens Against Most Majors

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PostSubject: NZ Dollar Weakens Against Most Majors   NZ Dollar Weakens Against Most Majors Icon_minitimeFri Jul 06, 2012 11:23 am

NZ Dollar Weakens Against Most Majors


The New Zealand dollar slipped against most major currencies in Asian deals on Friday.
The kiwi dropped to 0.8014 against the greenback and 64.07 against the yen with 0.795 and 63.5 seen as the next downside target levels, respectively. At Thursday's close, the kiwi traded at 0.8038 against the greenback and 64.25 against the yen.
Against the euro, the kiwi is now trading at 1.5460 from Thursday's New York session close of 1.5426. If the kiwi weakens further, it may target 1.56 level.
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