Kiwi posts losses as business confidence in New Zealand declines

Note: This section contains information in English only.
Source: WBP Online
The New Zealand Dollar dropped on Friday, following the fall in the ANZ business outlook indicator and the negative sentiment in the local private sector. The NZD/USD pair dipped 0.7% to $0.655 by 08:12 AM GMT. Meanwhile, the RNBZ sees positive moments in the depreciation of the Kiwi, as it believes that the weak local currency could support the economy and minimize the losses from decline in commodity prices.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.