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Forex News: NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

05/23/2024 - 02:23:00 (RTTNews)

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

The NZ dollar rose to more than a 2-month high of 1.0826 against the Australian dollar, from yesterday's closing value of 1.0855.

Against the euro, the yen and the U.S. dollar, the kiwi edged up to 1.7687, 95.97 and 0.6123 from Wednesday's closing quotes of 1.7748, 95.57 and 0.6096, respectively.

If the kiwi extends its uptrend, it is likely to find resistance around 1.06 against the aussie, 1.74 against the euro, 97.00 against the yen and 0.63 against the greenback.

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