NZ Dollar Advances Against Majors
September 17 2017 - 9:47PM
RTTF2
The New Zealand dollar strengthened against other major
currencies in the Asian session on Monday.
The NZ dollar rose to nearly a 4-week high of 1.6269 against the
euro and a 6-week high of 81.65 against the yen, from Friday's
closing quotes of 1.6463 and 80.13, respectively.
Against the U.S. and the Australian dollars, the kiwi advanced
to nearly a 6-week high of 0.7344 and nearly a 3-week high of
1.0937 from last week's closing quotes of 0.7239 and 1.1043,
respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.61 against the euro, 82.00 against the yen, 0.74 against
the greenback and 1.08 against the aussie.
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