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2017.05.2306:52:00UTC+00New Zealand Dollar Advances Against Majors

The New Zealand dollar strengthened versus other major currencies in pre-European deals on Tuesday.

Against the U.S. dollar, the NZ dollar rose 0.7040 to hit its highest level since April 24.

The kiwi rose to 78.18 against the yen, and 1.5955 against the euro, from yesterday's closing quotes of 77.85 and 1.6060, respectively.

The NZ dollar Monday's deals at 1.0684 versus the aussie rose to near a 2-week high of 1.0658.

The kiwi is likely to find resistance around 78.5 against the yen, 0.71 against the greenback, 1.58 against the euro and 1.05 against the aussie.

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