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NZ Dollar Rises Slightly Against Most Majors
(RTTNews) - The New Zealand dollar strengthened slightly against most major currencies in the Asian session on Tuesday.
The NZ dollar rose to 0.5929 against the U.S. dollar and 86.79 against the yen, from yesterday's closing quotes of 0.5909 and 86.61, respectively.
Against the euro, the kiwi edged up to 1.8277 from Monday's closing value of 1.8297.
If the kiwi extends its uptrend, it is likely to find resistance around 0.62 against the greenback, 88.00 against the yen and 1.79 against the euro.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Friday.
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The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
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Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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