FX.co ★ NZ Dollar Advances Against Most Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday.

The New Zealand rose to a 1-week high of 87.96 against the yen and a 6-day high of 1.8054 against the euro, from yesterday's closing quotes of 87.58 and 1.8112, respectively.

Against the U.S. dollar, the kiwi edged up to 0.5871 from Tuesday's closing value of 0.5842.

If the kiwi extends its uptrend, it is likely to find resistance around 90.00 against the yen, 1.77 against the euro and 0.60 against the greenback.