FX.co ★ NZ Dollar Drops Against Most Majors

The New Zealand dollar weakened against its most major currencies in the Asian session on Thursday.

The NZ dollar fell to more than a 2-week low of 83.58 against the yen, from a recent high of 83.95.

Against the U.S. dollar and the euro, the kiwi dropped to 1.6098 and 1.7279 from recent highs of 1.6116 and 1.7248, respectively.

If the kiwi extends its downtrend, it is likely to find support around 81.00 against the yen, 1.59 against the greenback and 1.73 against the euro.