empty
 
 

2023.05.3104:18:00UTC+00NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.

The NZ dollar fell to nearly a 7-month low of 0.5999 against the U.S. dollar, nearly a 3-week low of 83.86 against the yen and nearly a 4-week low of 1.7832 against the euro, from yesterday's closing quotes of 0.6034, 84.49 and 1.7754, respectively.

Against the Australian dollar, the kiwi edged down to 1.0824 from yesterday's closing value of 1.0780.

If the kiwi extends its downtrend, it is likely to find support around 0.58 against the greenback, 81.00 against the yen, 1.81 against the euro and 1.09 against the aussie.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback