EUR/NZD sheds 0.75% within 1.6989 to 1.7147 daily range

Friday at a glance: EUR/NZD falls 0.75% to close at 1.7009 Friday.

The past 3 months have been positive for EUR/NZD as it added 4.9% compared to its 3-month low of 1.57.

EUR/NZD's value drop coincided with the fact that USD/JPY lost 1.33% Friday and closed at 133.59. After ending Friday's session at 1.3456, USD/SGD lost 59 pips and is trading around 1.3397.

Though EUR/NZD has been dropping, other pairs have been performing better: NZD/USD surges 1.11% Friday and closed at 0.6194.