NZ Dollar Falls Against Majors

The New Zealand dollar weakened against the other major currencies in the Asian session on Monday. The NZ dollar fell to 0.6699 against the U.S. dollar and 82.57 against the yen, from Friday's closing quotes of 0.6743 and 83.01, respectively. Against the euro and the Australian dollar, the kiwi dropped to 1.6208 and 1.0939 from last week's closing quotes of 1.6101 and 1.0865, respectively. If the kiwi extends its downtrend, it is likely to find support around 0.65 against the greenback, 80.00 against the yen, 1.66 against the euro and 1.11 against the aussie.

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