The Kiwi continues its upside movement for the fourth week in a row

 @ibtimes
on April 13 2011 9:34 PM

(00.50 GMT)

USD/JPY

The yen rose against most of its major peers on speculation declines in equities and commodities this week have increased demand for safer assets. The USD/JPY pair ended Wednesday session at 83.75 recorded the highest level at 84.25 and the lowest level at 83.56.

AUD/USD

The Australian currency improved versus the majors after two days drop as signs of global economic growth, encouraging investors to prefer buying higher-yielding currencies such as the Australian dollar.

The AUD/USD pair closed yesterday's session as of 1.0492 after recorded a high of 1.0537 and a low of 1.0427.

NZD/USD

New Zealand dollars increased versus the US counterpart amid renewed concerns that Europe's sovereign-debt crisis may be prolonged, damping demand for higher-yielding assets.

New Zealand currency against the greenback pair ended Wednesday session at 0.7881, recorded the highest level at 0.7927 and the lowest at 0.7835.

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