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 NZ Dollar Climbs Against Majors

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PostSubject: NZ Dollar Climbs Against Majors   NZ Dollar Climbs Against Majors Icon_minitimeFri Mar 30, 2012 11:39 am

NZ Dollar Climbs Against Majors




During early European trading on Friday, the New Zealand dollar advanced against other major currencies.
The kiwi reached a new 5-1/2-month high of 1.2667 against the aussie and a 2-day high of 1.6257 against the euro, compared to Thursday's close of 1.2704 and 1.6276, respectively.
Against the greenback, the kiwi rose to a 3-day high of 0.8219 with 0.83 seen as the next upside target level.
Also, the kiwi is presently trading at 67.53 versus the yen and the next upside target level for the kiwi is seen at 68.00.



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