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Forex News: NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

09/04/2017 - 02:40:00 (RTTNews)

(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.

The NZ dollar rose to 0.7178 against the U.S. dollar and 78.81 against the yen, from an early 4-day low of 0.7144 and more than a 3-month low of 78.24, respectively.

Against the euro and the Australian dollar, the kiwi advanced to 1.6557 and 1.1087 from an early lows of 1.6619 and 1.1120, respectively.

If the kiwi extends its uptrend, it is likely to find resistance around 0.74 against the greenback, 81.00 against the yen, 1.60 against the euro and 1.10 against the aussie.

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