News Column

NZ Dollar Extends Rally Against Most Majors

July 1, 2014

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

The kiwi hit 4-day highs of 0.8782 against the greenback and 89.15 against the yen, compared to 0.8755 and 88.67, hit respectively at Monday's close.

The kiwi rose to 1.5580 against the euro, off early session's low of 1.5649.

The kiwi is likely to find upside target around 0.884 against the greenback, 1.55 against the euro and 90.00 against the yen.

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Source: Alliance News

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