1. Hello Guest Click here to check FX Binary Point Financial Directory

NZD Rallies Amid Trade Surplus, FOMC Meeting Starts

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    In spite of the strong likelihood of rate cut by the Reserve Bank of New Zealand, traders turned bullish on the Kiwi amid encouraging trade figures. Data showed the year-to-year trade deficit narrowed to NZ$3.13bn in June from NZ$3.62bn in the previous month as exports fell less than expected to[​IMG]

    Continue reading...

Share This Page