Advertisement
NZ Dollar Drops Against Most Majors
(RTTNews) - The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
The NZ dollar fell to nearly a 3-1/2-year low of 1.8399 against the euro and a 9-month low of 0.5903 against the U.S. dollar, from yesterday's closing quotes of 1.8318 and 0.5935, respectively.
Against the yen, the kiwi edged down to 86.47 from Wednesday's closing value of 86.83.
If the kiwi extends its downtrend, it is likely to find support around 1.86 against the euro, 0.58 against the greenback and 83.00 against the yen.
read more
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews
|
6h 8min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the early European session on Thursday.
RTTNews
|
7h 31min ago
Yen Falls As Traders Speculate BoJ Rate Hike Pause
The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
RTTNews
|
1 day ago
NZ Dollar Falls After RBNZ Rate Decision
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.
RTTNews
|
1 day ago
NZ Dollar Retreats Against Majors
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday.
RTTNews
|
1 day ago
Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.
RTTNews
|
2 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
RTTNews
|
2 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Monday.
RTTNews
|
3 days ago
