News Column

NZ Dollar Climbs Against Majors

September 1, 2014



CANBERA (Alliance News) - The New Zealand dollar spiked up against its key counterparts ahead of European trading on Monday.

The kiwi hit a 1-week high of 87.30 against the yen, and against the euro, it rose to near a 6-week high of 1.5654.

The kiwi recovered to 0.8385 against the greenback, from a low of 0.8339 hit at the commencement of today's trading.

The kiwi rose back to 1.1145 against the aussie, heading to pierce an early session's high of 1.1141.

If the kiwi extends gain, it may seek resistance around 0.845 against the greenback, 88.00 against the yen, 1.56 against the euro and 1.11 against the aussie.



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Source: Alliance News


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