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Australian Dollar Weakens Against NZ And U.S. Dollars

16:55, 7th December 2012

(RTTNews) - After moving sideways, the Australian dollar slipped against the NZ and US currencies in the European session on Friday.

The aussie is trading at 1.0462 against the greenback and the next downside target level for the aussie is seen at 1.04.

Against the NZ dollar, the aussie fell to 1.2581, its lowest level since November 6. If the aussie extends slide, it will break 1.255 level.

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