RTTN:NZ Dollar Jumps To Fresh 6-month High Against Yen
The New Zealand dollar continued to creep higher against its major counterparts ahead of Monday's London deals as upbeat PMI data from China boosted the resource-linked currencies.
The kiwi climbed to a 6-day high of 0.8222 against the US dollar and 84.22 against the yen, a level not seen since May 22. The NZ dollar also advanced to a 5-day high of 1.6539 against the euro and a 4-day high of 1.1147 against the Australian dollar.
On the upside, the New Zealand currency may find target levels around 0.8270 against the greenback, 84.55 against the yen, 1.6480 against the euro and 1.1115 against the Australian dollar.
