The New Zealand dollar strengthened against the other major currencies in the Asian session on Thursday.
The NZ dollar rose to a record high of 1.0146 against the Australian dollar, from yesterday’s closing value of 1.0193.
Against the U.S. dollar, the yen and the euro, the kiwi edged up to 0.7468, 89.35 and 1.4413 from yesterday’s closing quotes of 0.7447, 89.19 and 1.4434, respectively.
If the kiwi extends its uptrend, it is likely to find resistance around 0.78 against the greenback, 90.50 against the yen and 1.40 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com