Market Commentary and Intraday News

NZ Dollar Jumps To Fresh 5-month High Against Australian Dollar

245 days ago

(RTTNews) - The New Zealand dollar edged higher against its major opponents on Thursday morning in New York.

The kiwi climbed to 1.2604 against the Australian dollar around 10:40 am ET, its strongest level since April 16.

Against the euro, the NZ dollar advanced to a 6-day high of 1.5682 around the same time.

On the upside, the New Zealand currency may find target levels at 1.5580 against the euro and 1.2580 against the aussie.

The kiwi also recouped some of its previous session's losses against the greenback and the yen on Thursday morning in New York.

The NZ dollar is presently trading at session's highs of 0.8266 against the greenback and 64.72 against the yen.

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