News Column

NZ Dollar Drops Against Most Majors

July 14, 2014



BRUSSELS (Alliance News) - The New Zealand dollar fell against most major currencies ahead of European deals on Tuesday.

The kiwi hit 6-day lows of 0.8785 against the greenback and 1.5491 against the euro, retreating from early highs of 0.8816 and 1.5447, respectively.

Reversing from early 5-day high of 89.55 versus the yen, the kiwi dropped to a 4-day low of 89.23.

The kiwi may find support around 0.86 against the greenback, 88.00 against the yen and 1.56 against the euro.



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Source: Alliance News


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