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Forex: Kiwi closes at session low vs. dollar

By FXstreet.com,  May 18, 2012, 04:15:00 PM EDT

FXstreet.com (San Francisco) - The kiwi extended losses against the U.S. dollar to hit a session 5-month low late-afternoon trade on Friday, as investors favored the greenback ahead of a G8 meeting this weekend. NZD/USD slid as low as 0.7520 before closing the North American session at 0.7535 vs. 0.7535, down 1.2% on the day and down 4% for the week.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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