NZ Dollar Gains on Risk Appetite, Robust Retail Sales

Feb 25,2019 22:55   Source:Earnforex
The New Zealand dollar gained today, joining its Australian counterpart, boosted by positive fundamentals, both domestic and overseas. On top of positive developments in the Sino-US trading negotiations, which were boosting other riskier currencies, the kiwi had positive domestic macroeconomic as additional supporting factor. Statistics New Zealand reported that retail sales increased 1.7% in the December quarter from the previous three months after rising 0.3% in the September quarter. […]

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