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Kiwi Dollar Tumbles As Market Prices Future OCR Cuts In

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    It was a rather dire week for the NZD which saw the pair freefall from 0.7016 all the way down to 0.6835. The collapse in price came as the nation’s largest trading partner, Australia, cut interest rates and the Global Dairy Price Index contracted. Furthermore, an unexpected increase in the[​IMG]

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