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NZD Little Changed

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

The Kiwi gained on a number of its counterparts yesterday; including the pound despite a lack of any economic releases from the New Zealand. 

The move in GBP/NZD was mostly due to the pound, which fell from 1.79 to 1.77, after MPC member Broadbent stated that he would not publically discuss his monetary policy views.  The Kiwi did manage to make gains on the euro as well; with EUR/NZD declining from 1.5896 to 1.5837.  Tonight New Zealand is due to publish the Food Price Index.

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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