Kiwi drops as RBNZ announces it is overvalued

Note: This section contains information in English only.
Source: WBP Online
The New Zealand Dollar depreciated 0.56% against the U.S. Dollar, thus extending its loosing streak to third day and reaching the weakest level in two-months. The so called Kiwi dropped after the Reserve Bank of New Zealand economist McDermott's mentioned that the Kiwi is overvalued and the high exchange rate has contributed to the economic imbalance. 
Back to articles

Actual Topics

Fri, 22 Nov 2013 15:14:03 GMT

Goldam forecasts fall in gold value in 2014

The Goldman Sachs has forecasted significant decrease in gold value in year 2014, as the gold is highly sensitive to the the Fed actions, which proved this week when the Fed said that stimulus soon might be cut and gold dropped by 3%. As the bank said the bullion might face 15% drop in next year, thus reaching the lowest

Fri, 22 Nov 2013 14:42:06 GMT

European stocks mixed after German Ifo data

The European stocks were little changed as the Germany reported slower growth of economy, while showing highest business confidence since April 2012. The Stoxx Europe 600 Index advanced 0.1%, from which largest gain was for Solarworld AG which surged 6.1%, after announced to takeover the Bosch Solar Energy AG. 

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.