Currency Alerts

NZ Dollar Off Early Highs Against Most Majors

The New Zealand dollar edged down from early morning session's uptrend against most of its major counterparts in New York mid-day deals on Friday.

After hitting a 1-week high of 0.8339 against the US dollar at about 7:45 am ET and a new multi-week high of 1.5577 versus the euro by about 7:30 am ET, the kiwi reversed its direction and presently trading near 0.8298 and 1.5660, respectively.

The NZ unit that hit a 2-day high of 65.25 versus the Japanese yen at around 9:20 am ET, traded down thereafter and as of now trading at 64.88.

by RTTNews Staff Writer

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