AMENDED: NZ DOLLAR RISES AGAINST MAJORS

(Earlier story being withdrawn and corrected to say NZ Dollar Rose Against Major currencies)

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

The NZ dollar rose to nearly a 3-week high of 0.6249 against the U.S. dollar and a 2-day high of 1.0681 against the Australian dollar, from yesterday's closing quotes of 0.6207 and 1.0731, respectively.

Against the euro and the yen, the kiwi edged up to 1.7639 and 85.05 from yesterday's closing quotes of 1.7707 and 84.77, respectively.

If the kiwi extends its uptrend, it is likely to find resistance around 0.64 against the greenback, 1.05 against the aussie, 1.71 against the euro and 87.00 against the yen.

News are provided by InstaForex

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