Advertisement
NZ Dollar Advances Against Majors
(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
The NZ dollar rose to nearly an 8-1/2-year high of 89.73 against the yen, from yesterday's closing value of 89.11.
Against the U.S. dollar and the euro, the kiwi advanced to a 4-week high of 0.6007 and a 2-1/2-month high of 1.7614 from Thursday's closing quotes of 0.5969 and 1.7678, respectively.
The kiwi edged up to 1.0776 against the Australian dollar, from yesterday's closing value of 1.0753.
If the kiwi extends its uptrend, it is likely to find resistance around 91.00 against the yen, 0.61 against the greenback, 1.71 against the euro and 1.09 against the aussie.
read more
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews
|
21h 44min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.
RTTNews
|
22h 26min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
22h 29min ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews
|
1 day ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the early European session on Thursday.
RTTNews
|
1 day ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the early European session on Thursday.
RTTNews
|
1 day ago
Yen Falls As Traders Speculate BoJ Rate Hike Pause
The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
RTTNews
|
2 days ago
NZ Dollar Falls After RBNZ Rate Decision
The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.
RTTNews
|
2 days ago
