NZ Dollar Rises Against Majors
30 November 2016 - 09:03AM
RTTF2
The New Zealand dollar strengthened against the other major
currencies in the Asian session on Wednesday.
The NZ dollar rose to nearly a 1-year high of 80.43 against the
yen and a 3-week high of 1.4869 against the euro, from yesterday's
closing quotes of 80.07 and 1.4940, respectively.
Against the U.S. and the Australian dollars, the kiwi advanced
to nearly a 3-week high of 0.7159 and an 8-day high of 1.0453 from
yesterday's closing quotes of 0.7126 and 1.0501, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 83.00 against the yen, 1.46 against the euro, 0.75 against
the greenback and 1.02 against the aussie.
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