Relatively high yield (compared to other major counterparts) and credit worthiness of New Zealand are making Kiwi an attractive investment vehicle. Rate cuts do not stem its appreciation. An intervention would not be particularly helpful in this environment.
Having traded to almost 0.74 at the end of August, 0.70 - 0.75 range is firmly in place. At this point, an upside extension seems more likely than a downside one. Stronger demand may come in near 50 DMA. 50.0% retracement of the 2014 - 2015 …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –