Kiwi drops amid Wheeler's view of currency and US labour market assessment

Source: National Business Review
© Reuters

The Kiwi slid on Thursday amid the comment of Reserve Bank of New Zealand Governor Graeme Wheeler that the local currency should depreciate and amid the Fed's positive evaluation of the United States labour market. The New Zealand Dollar fell to $0.6639 from midday's $0.6662 and $0.6698 yesterday. The trade-weighted index slipped from 71.31 to 70.74 points. 

Back to articles

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.