Australian, NZ Dollars Advance Against Majors
May 14 2017 - 11:30PM
RTTF2
The Australian and NZ dollars climbed against their major
counterparts in the early European session on Monday.
The aussie strengthened to a 10-day high of 0.7426 against the
greenback and near a 2-week high of 84.38 against the yen, off its
early low of 0.7384 and a 4-day low of 83.61, respectively.
The aussie edged up to 1.4724 against the euro and 1.0781
against the kiwi, from its previous lows of 1.4795 and 1.0750,
respectively.
The kiwi firmed to 4-day highs of 0.6895 against the dollar and
78.32 against the yen, after having fallen to 0.6850 and a 10-day
low of 77.52, respectively in early deals.
The kiwi reversed from an early low of 1.5948 against the euro,
rising to 1.5858.
The aussie may find resistance around 0.75 against the
greenback, 86.00 against the yen, 1.44 against the euro and 1.09
against the kiwi. The kiwi may locate resistance around 0.71
against the greenback, 80.00 against the yen and 1.56 against the
euro.
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