Excerpt from: GFT Analysts in the News
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| June 26, 2008 | | Kiwi in forex trading | Even though both of the down under currencies are turning strong performances right now, there are worries that the New Zealand dollar, at least, may not remain strong in currency trading on the FX market.
The kiwi could be affected in forex trading by a contracting economy. Right now, the interest rate differential with the US, along with commodity prices, is enough to support the New Zealand currency in FX trading.
But what happens when the contracting economy comes more into focus?
| Topic Tags: commodity prices, currency FX trading, currency trading FX market, down under currencies, FX trading, kiwi forex trading, New Zealand dollar currency trading, US dollar | |
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