NZ Dollar Advances Against Majors
August 28 2024 - 11:19PM
RTTF2
The New Zealand dollar strengthened against other major
currencies in the Asian session on Thursday.
The New Zealand dollar rose to nearly a 9-month high of 0.6299
against the U.S. dollar and nearly a 2-1/2- month high of 1.079
against the Australian dollar, from yesterday's closing quotes of
0.6245 and 1.0867, respectively.
Against the euro and the yen, the kiwi advanced to nearly a
2-month high of 1.7685 and nearly a 1-month high of 91.17 from
Wednesday's closing quotes of 1.7810 and 90.24, respectively.
If the kiwi extends its uptrend, it is likely to find resistance
around 0.64 against the greenback, 1.06 against the aussie, 1.75
against the euro and 95.00 against the yen.
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