Kiwi falls on profit taking after reaching 2 ½ year high

Note: This section contains information in English only.
Source: Reuters
The New Zealand's currency notably declined on Thursday trading session following a week of gains and as it traded close to the highest level in two-and-a-half year as, the drop was caused by profit taking on Wednesday. The so-called Kiwi slipped from $0.8702 recorded on Wednesday session to $0.8543 today as the Reserve Bank of New Zealand is forecast to maintain the current monetary policy.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.