CANBERA (Alliance News) - Erasing early losses, the New Zealand dollar advanced against other major currencies in European deals on Tuesday.
The kiwi advanced to 5-day highs of 0.8594 against the greenback and 87.45 against the yen from early lows of 0.8541 and 86.66, respectively.
The kiwi also rose to 1.6195 against the euro and 1.0579 against the aussie, off early low of 1.6297 and a 6-day low of 1.0619, respectively.
If the kiwi extends gain, it may find upside target around 0.868 against the greenback, 1.04 against the aussie, 89.00 against the yen and 1.61 against the euro.