NZ Dollar Advances Against Most Majors
May 07 2023 - 11:58PM
RTTF2
The New Zealand dollar strengthened against its most major
currencies in the European session on Monday.
The NZ dollar rose to nearly a 5-month high of 85.44 against the
yen, from an early low of 84.83.
Against the U.S. dollar and the euro, the kiwi advanced to more
than a 1-month high of 0.6330 and nearly a 1-month high of 1.7446
from early lows of 0.6288 and 1.7514, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 87.00 against the yen, 0.64 against the greenback and 1.70
against the euro.
NZD vs US Dollar (FX:NZDUSD)
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NZD vs US Dollar (FX:NZDUSD)
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