NZ Dollar Gains with Another Positive Report

The New Zealand dollar strengthened today as a report showed that business activity expanded last month, adding to positive indicators that were released this week.
The Business NZ Manufacturing Index rose by 4.3 points to 59.5. It was just another good report that helped to erase the negativity created by the bad news. The New Zealand dollar was the strongest currency this week.
NZD/USD rose from 0.8024 to 0.8083 and NZD/JPY advanced from 78.73 to 79.32 as of 10:44 GMT today.

If you have any questions, comments or opinions regarding the New Zealand Dollar,
feel free to post them using the commentary form below.

Leave a Reply

Your email address will not be published. Required fields are marked *

53 + = sixty two