NZ Dollar Rises Against Majors
April 16 2017 - 10:20PM
RTTF2
The New Zealand dollar strengthened against the other major
currencies in the Asian session on Monday.
The NZ dollar rose to nearly a 1-1/2-month high of 1.5095
against the euro, from Friday's closing value of 1.5125.
Against the U.S. and the Australian dollars, the kiwi advanced
to nearly a 3-week high of 0.7032 and a 4-day high of 1.0782 from
last week's closing quotes of 0.7001 and 1.0802, respectively.
Against the yen, the kiwi edged up to 76.19 from an early 4-day
low of 75.93.
If the kiwi extends its uptrend, it is likely to resistance
around 1.49 against the euro, 0.71 against the greenback, 1.06
against the aussie and 78.00 against the yen.
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