NZ Dollar Jumps To Multi-month Highs Against Greenback And Aussie

NZ Dollar Jumps To Multi-month Highs Against Greenback And Aussie


The New Zealand dollar outperformed among major currencies on Friday morning in Asia.
The kiwi climbed to 1.2534 against the aussie, its highest level since April 13. On the upside, the NZ dollar may find target around the 1.2520 level in the near-term.
The New Zealand currency also jumped to 0.8356 against the US dollar, its strongest level since March 2. If the kiwi extends rally, it may find target around the 0.84 level.
Against the yen, the NZ dollar rose to a 4-day high of 64.80 and further buying interest could help the pair breach the 65.0 resistance level in the near-term.