Saturday, 30 June 2012

DailyFX - Forex Market News: Kiwi Primed to Move Higher if Risk-Trends Allow – That’s a Big “IF”

DailyFX - Forex Market News
Forex Market News
Kiwi Primed to Move Higher if Risk-Trends Allow – That's a Big "IF"
Jun 30th 2012, 03:00

The New Zealand Dollar had a strong week (despite some rather uninspiring price action early in the week) finishing as the second best performer overall, only losing 0.36 percent to the Australian Dollar. The Kiwi’s performance against most of the majors, loosely speaking, was fairly muted; but for the US Dollar, which was the worst performer and lost 1.35 percent to the New Zealand Dollar, all of the other majors depreciated by 0.65 percent or less against the Kiwi.

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