News Column

NZ Dollar Climbs Against Majors

July 30, 2014

CANBERA (Alliance News) - The New Zealand dollar advanced against its major counterparts ahead of European deals on Thursday.

The kiwi climbed to 2-day highs of 0.8516 versus the US dollar and 1.5726 versus the euro. Against the yen, the kiwi rose to 87.49, its strongest level since July 24.

The kiwi spiked up to a 1-week high of 1.0947 against the aussie, compared to Wednesday's closing value of 1.0985.

The next possible upside target for the kiwi is seen around 0.86 against the greenback, 88.00 against the yen, 1.56 against the euro and 1.09 against the aussie.

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Source: Alliance News

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