NZ Dollar Rises Against Majors
April 16 2024 - 10:03PM
RTTF2
The New Zealand dollar strengthened against other major
currencies in the Asian session on Wednesday.
The NZ dollar rose to a 2-day high of 91.37 against the yen,
from a recent 5-month low of 1.8108.
Against the Australian dollar, the kiwi advanced to a 2-day high
of 1.0861 from a recent low of 1.0919.
The kiwi edged up to 0.5908 against the U.S. dollar, from a
recent low of 0.5861.
Moving away from nearly a 5-month low of 1.8108 against the
euro, the kiwi edged up to 1.7992.
If the kiwi extends its uptrend, it is likely to find resistance
around 1.76 against the yen, 1.07 against the aussie, 0.61 against
the greenback and 1.76 against the euro.
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