News Column

NZ Dollar Strengthens Against Most Majors

May 13, 2014

BRUSSELS (Alliance News) - The New Zealand dollar firmed against most major rivals in early New York deals on Tuesday.

The kiwi climbed to a 6-day high of 88.52 against the yen and a 5-day high of 0.8664 against the greenback, compared to yesterday's closing values of 88.03 and 0.8619, respectively.

The kiwi spiked up to 1.5828 against the euro, a level unseen since March 28.

Next key upside target level for the kiwi lies around 0.87 against the greenback, 89.00 against the yen and 1.577 against the euro.

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Source: Alliance News

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