NZ Dollar Rises Against Majors
08 December 2016 - 8:59AM
RTTF2
The New Zealand dollar strengthened against the other major
currencies in the Asian session on Thursday.
The NZ dollar rose to a 3-day high of 1.4910 against the euro
and nearly a 1-year high of 82.01 against the yen, from yesterday's
closing quotes of 1.5001 and 81.49, respectively.
Against the U.S. and the Australian dollars, the kiwi advanced
to nearly a 4-week high of 0.7219 and nearly a 1-month high of
1.0381 from yesterday's closing quotes of 0.7164 and 1.0439,
respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.47 against the euro, 83.00 against the yen, 0.74 against
the greenback and 1.02 against the aussie.
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