NZ Dollar Climbs Against Majors

02:27, 31st July 2014

(RTTNews) - The New Zealand dollar advanced against its major counterparts ahead of European deals on Thursday.

The kiwi climbed to 2-day highs of 0.8516 versus the U.S. dollar and 1.5726 versus the euro. Against the yen, the kiwi rose to 87.49, its strongest level since July 24.

The kiwi spiked up to a 1-week high of 1.0947 against the aussie, compared to Wednesday's closing value of 1.0985.

The next possible upside target for the kiwi is seen around 0.86 against the greenback, 88.00 against the yen, 1.56 against the euro and 1.09 against the aussie.