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NZ Dollar Slides To Fresh 7-week Low Against Euro

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The New Zealand dollar extended late Asian session's slide against the currencies of Australia and Europe in early deals on Wednesday.

The kiwi slipped to 1.5681 against the euro around 5:00 am ET, its lowest level since July 7. On the downside, the NZ dollar may find support around the 1.5710 level.

The New Zealand currency also fell to a 1-week low of 1.2928 against the Australian dollar around this time. If the kiwi weakens further, likely target level is seen at 1.2950.

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