The dollar continues the upside trend against its major counterparts as investors head for haven assets amid worries over the European debt crisis, pushing the euro further south versus the dollar.
The New Zealand dollar was also under pressure today and extended the losses against its counterparts, recording the lowest level in more three months against dollar after the jobs report that showed unemployment advanced to the highest level in about two years in the first quarter.
The NZD/USD pair dropped to its lowest level at 0.8044 after it started the day at 0.8066 and recorded a high of 0.8088.
The Japanese yen traded in a narrow range during the Asian session on higher demand for the dollar. USD/JPY pair recorded a high of 80.19 and a low of 80.10.
The Australian dollar resumed its downside movements for the fourth straight day versus the dollar, recording its lowest level in a week at 1.0284, after it started the day at 1.0305 and recorded a high of 1.0313.
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