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NZ Dollar Jumps To 5-week High Against Greenback

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

After moving broadly sideways in late Asian and early European sessions, the New Zealand dollar resumed its early Asian session's uptrend against other major currencies ahead of the North American deals on Tuesday.

The New Zealand dollar touched 0.8294 against the greenback, its strongest level since October 2.

The kiwi also climbed a tad above 66.50 against the yen and challenged Asian session's fresh 2-month peak of 1.5444 against the euro around 7:10 am ET.

The NZ dollar also recovered some of its Asian session losses against the aussie, with the pair approaching 1.26.

On the upside, the New Zealand currency may find target levels at 0.8310 against the greenback, 1.54 against the euro, 1.2565 against the aussie and 66.80 against the yen.

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