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NZ Dollar Advances Against Most Majors
(RTTNews) - The New Zealand dollar strengthened against most major currencies in the European session on Monday.
The NZ dollar rose to nearly a 2-month high of 0.5926 against the U.S. dollar and nearly a 3-week high of 94.30 against the yen, from early lows of 0.5891 and 93.79, respectively.
Against the euro, the kiwi edged up to 1.6062 from an early 4-day low of 1.6088.
If the kiwi extends its uptrend, it is likely to find resistance around 0.61 against the greenback, 95.00 against the yen and 1.59 against the euro.
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