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NZD Gains on its counterparts

Joe Mayhew Senior Currency Broker - A Strong, Stable, ShamblesWritten by:
Joe Mayhew
Senior Currency Broker
T: 01442 892 069

The New Zealand dollar gained on a number of its counterparts yesterday. 

There were no major eco-stats to help drive this; though, the Food Price Index did move down from 2.4% to 0.2%.  The move in rates seems to be due to a lift in risk-appetite which saw a number of currencies gain on the those perceived as safer holdings.  GBP/NZD moved down from 1.78 to just above 1.77 and EUR/NZD moved down from highs near 1.59 to 1.5685.  Tonight New Zealand is set to publish their Business PMI figures.

If you need to buy or sell New Zealand dollars, or any other major currency, contact me today for a free, no obligation consultation. If you don’t have an account here at Foremost Currency Group, click here to register for a free trading facility today.

To keep up to date with the New Zealand dollar, visit our NZD blog section on our website here.

To keep up to date with all our currency news, visit our Currency News section on our website here.

Joe Mayhew
Senior Currency Broker
T: 01442 892 060

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