Kiwi Spikes Up To New Multi-day High Versus Aussie

(RTTNews) – Extending previous session’s uptrend, the New Zealand dollar spiked up further against the Australian dollar during New York afternoon trading on Monday. At present, the kiwi is trading near new multi-day high of 1.2566 versus the Aussie, compared to Friday’s New York session close of 1.2670. The next upside target level for the New Zealand currency is seen at 1.2479.

The NZ dollar also traded higher against other major opponents in the same period and currently worth 60.16 against the Japanese yen, 2.2080 versus the euro and 0.6321 against the US dollar from earlier lows of 59.40, 2.2312 and 0.6246, respectively.