Market Commentary and Intraday News
NZ Dollar Advances Against Most Majors
256 days ago
(RTTNews) - In late Asian deals on Friday, the NZ dollar strengthened against most currencies on risk appetite following European Central Bank President Mario Draghi's latest bond purchase plan.
The kiwi rose to 0.8040 against the greenback, its highest level in a week. On the upside, the kiwi may target 0.81 level.
Against the yen, the kiwi that closed Thursday's deals at 63.22 hit a 10-day high of 63.46.
The kiwi jumped to a 4-day high of 1.5732 against the euro and the next resistance level for the kiwi is seen at 1.565.
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