The New Zealand dollar extended its decline against the U.S. dollar and the euro in European trading on Friday.
The kiwi declined to a 3-month low of 1.7075 against the euro and a 3-1/2-month low of 0.6391 against the greenback, from its early highs of 1.6719 and 0.6491,respectively. The next possible support for the kiwi is seen around 0.62 against the greenback and 1.72 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com