News Column

NZ Dollar Strengthens Against Most Majors

June 9, 2014

BRUSSELS (Alliance News) - The New Zealand dollar climbed against most major currencies ahead of European deals on Tuesday.

The kiwi climbed to 1.5951 against the euro, a level not seen since May 28.

The kiwi rose to 0.8516 against the greenback, compared to yesterday's closing value of 0.8489.

The kiwi bounced off against the yen with pair trading at 87.16, off early session's low of 86.93.

The next possible upside target for the kiwi is seen around 0.86 against the greenback, 88.00 against the yen and 1.59 against the euro.

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Source: Alliance News

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