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View Full Version : Australia, NZ Dollars Fall on Retail Sales Drop, Bollard Call - Bloomberg



NewsWhore
03-31-2009, 11:40 PM
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Australia, NZ Dollars Fall on Retail Sales Drop, Bollard Call (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da1u8C.92hOq8%26refer%3Daustralia&cid=1323823951&ei=WuPSSZWGJtO2jAf66eTnCA&usg=AFQjCNFoXKFG3pbNmXKJO1gKdQVNww68tg)
Bloomberg
A decline in New Zealand’s cash rate to 2.5 percent, “further below the 3.25 percent in Australia, would argue for the Australian dollar above NZ$1.25,” wrote John Kyriakopoulos, Sydney-based head of currency strategy at National Australia Bank Ltd., ...


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