Kiwi fell versus dollar on fallen consumer confidence
New Zealand’s dollar noticeably fell versus American dollar during today’s Asian after its previous series of gains, where New Zealand’s economy notices a slumped consumer confidence during the third quarter of the year, which led investors to trade in other currencies.
Moreover, NZD/USD pair dropped today to record low of 0.81974 after hitting its high at 0.82188, while the pair started today’s session at 0.82183.
From another side, Euro stared today’s session at an upward price gap versus American dollar, where the EUR/USD pair inclined to record high of 1.33811 from low of 1.33605.
Meanwhile, euro slumped versus Japanese yen after the boosted demand on the yen, as the yen regains its power as a safe-haven currency amid the recent instability in markets, where the EUR/JPY pair fell to record low of 132.226 from high of 132.305.
Japanese yen are trying to incline versus New Zealand’s dollar during today’s session and after the data, where the NZD/JPY pair traded in a wide range with high of 75.955 and low of 75.721.
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