NZ Dollar Advances Against Majors
28 May 2024 - 12:10PM
RTTF2
The New Zealand dollar strengthened against other major
currencies in the Asian session on Tuesday.
The NZ dollar rose to a 17-year high of 96.66 against the yen
and a 2-1/2-month high of 0.6166 against the U.S. dollar, from
Monday's closing quotes of 96.44 and 0.6148, respectively.
Against the euro and the Australian dollar, the kiwi advanced to
more than 2-1-2/month highs of 1.7633 and 1.0806 from yesterday's
closing quotes of 1.7650 and 1.0811, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 97.00 against the yen, 0.62 against the greenback, 1.75
against the euro and 1.07 against the aussie.
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