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 NZ Dollar Extends Decline Against Euro And Australian Dollar

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PostSubject: NZ Dollar Extends Decline Against Euro And Australian Dollar   NZ Dollar Extends Decline Against Euro And Australian Dollar Icon_minitimeTue Oct 16, 2012 11:23 am

NZ Dollar Extends Decline Against Euro And Australian Dollar


The New Zealand dollar proceeded with its previous session's fall against the euro and the Australian dollar during early European deals on Tuesday.
The kiwi declined to 1.5959 against the euro, its weakest level since October 5. The kiwi is likely to find next downside target level at 1.60.
Against the aussie, the kiwi dipped to near a 3-week low of 1.2614 and the kiwi may test next support level at 1.265.

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