NZD weak ahead of 29-Jan RBNZ easing
Saturday, January 17th, 2009Risk returned to the forefront last week in many guises, with NZ to the forefront. Generally weak activity/profit figures (globally) and potential credit-rating downgrades (NZ, Portugal, Spain and a downgrade delivered for Greece) were the key themes.
However there were some hopeful signs: many share markets rallied on Friday, and the EUR/JPY appreciated; while fiscal and […]
comments off admin | Forex News |