NZ Dollar Strengthens Against Most Majors
The New Zealand dollar drifted higher against most major rivals in early Asian deals on Wednesday.
The kiwi spiked up to 1.5835 against the euro, a level not seen since March 28. Against the greenback, the kiwi approached 0.8707 for the first time since August 2011.
The kiwi rose to 88.72 against the yen from Tuesday's closing quote of 88.25.
If the kiwi extends gain, it may face resistance around 0.875 against the greenback, 1.56 against the euro and 89.8 against the yen.
News are provided by InstaForex.