BLBG: New Zealand Dollar Advances as Technical Indicator Signals Excessive Loss
New Zealand’s dollar advanced, halting a five-day loss, as a technical indicator showed its recent declines have been excessive. The so-called kiwi gained to 73.96 U.S. cents as of 4:35 p.m. in Sydney, from 73.69 cents yesterday in New York.
To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net
