NZ Dollar Rises Against Majors
April 27 2016 - 6:55PM
RTTF2
The New Zealand dollar strengthened against the other major
currencies in the Asian session on Thursday.
The NZ dollar rose to a 6-day high of 1.6307 against the euro
and nearly a 4-week high of 77.35 against the yen, from yesterday's
closing quotes of 1.6515 and 76.23, respectively.
Against the Australian and U.S. dollars, the kiwi advanced to
nearly a 2-month high of 1.0949 and a 1-week high of 0.6941 from
yesterday's closing quotes of 1.1065 and 0.6823, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.60 against the euro, 79.00 against the yen, 1.07 against
the aussie and 0.70 against the greenback.
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