11 Jul 2014
NZD/USD falls through 0.8800
FXStreet (Córdoba) - The NZD/USD dropped below the 0.8800 mark and hit fresh lows for the day dragged by other commodity currencies.
The CAD fell sharply following dismal employment figures in Canada, while the AUD weakened on the back of RBA Stevens comments. These weighed on the NZD/USD which fell to a low of 0.8796 in recent dealings.
At time of writing, the NZD/USD is trading at 0.8795, recording a 0.25% loss on the day but still on track to close the week positively after hitting a 3-year high of 0.8834 on Thursday.
The CAD fell sharply following dismal employment figures in Canada, while the AUD weakened on the back of RBA Stevens comments. These weighed on the NZD/USD which fell to a low of 0.8796 in recent dealings.
At time of writing, the NZD/USD is trading at 0.8795, recording a 0.25% loss on the day but still on track to close the week positively after hitting a 3-year high of 0.8834 on Thursday.