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View Full Version : New Zealand Dollar Reaches 7-Month High, Australia's Advances - Bloomberg



NewsWhore
05-21-2009, 08:00 PM
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New Zealand Dollar Reaches 7-Month High, Australia&#39;s Advances (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da4G5obGCsfqc%26refer%3Daustralia&cid=1245812550&ei=dO0VSsjbCMfFsAai6JmUBA&usg=AFQjCNHGr5RXiutgjDBnjot31R9CMym9YA)
Bloomberg
“US investors are moving money offshore,” said Richard Grace, chief currency strategist at Commonwealth Bank of Australia in Sydney. “The Aussie can rise above 80 cents if we have a combination of continuing US dollar weakness and the global economy ...


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