March 16th, 2009
The Kiwi maintained its strength over the weekend, posting modest gains against all the majors.
Friday’s local session saw the Kiwi continue to enjoy it support from the previous day’s RBNZ announcement. The central bank’s signaling of a slow to its OCR cuts has given investors hope, which coupled with rising stock markets has boosted risk appetite for the Kiwi. Read Full Article »
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| tags:Interest Rate, investor confidence, kiwi, losses, RBA, retail sales, retail sales figures, risk appetite, STI, Stock Market, stock markets, USD
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