spacemobiles

Currencies – New Zealand Dollar Rises Signaling Carry Trade Return

Posted on: April 26, 2011

The New Zealand dollar reached a new a new 3-year high against the greenback today and appreciated against the Japanese yen, showing that the carry trade tendencies are growing stronger now. The kiwi (as the NZD is often called) rose against its major counterparts before some major macroeconomic

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: