NZ Dollar Rises Against Majors
May 21 2015 - 10:00PM
RTTF2
The New Zealand dollar strengthened against the other major
currencies in the Asian session on Friday.
The NZ dollar rose to nearly a 2-week high of 1.0704 against the
Australian dollar and a 1-week high of 89.38 against the yen, from
yesterday's closing quotes of 1.0736 and 88.89, respectively.
Against the euro and the U.S. dollar, the kiwi advanced to an
8-day high of 1.5041 and a 3-day high of 0.7393 from yesterday's
closing quotes of 1.5118 and 0.7343, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.02 against the aussie, 91.50 against the yen, 1.46 against
the euro and 0.76 against the greenback.
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