NZ Dollar Rises Against Majors
December 18 2014 - 9:02PM
RTTF2
The NZ dollar strengthened against the other major currencies in
the Asian session on Friday.
The NZ dollar rose to nearly a 4-week high of 1.5766 against the
euro, from yesterday's closing quote of 1.5811.
The kiwi, which ended yesterday's deals at 92.18 against the yen
strengthened to a 1-week high of 92.60.
Against the Australia and U.S. dollars, the kiwi appreciated to
2-day highs of 1.0494 and 0.7786 from yesterday's closing quotes of
1.0510 and 0.7755, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.56 against the euro, 93.70 against the yen, 1.045 against
the aussie and 0.78 against the greenback.
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