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View Full Version : New Zealand Dollar May End Four-Month Rally Versus Aussie, Citigroup Says - Bloomberg



NewsWhore
07-20-2011, 04:20 PM
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New Zealand Dollar May End Four-Month Rally Versus Aussie, Citigroup Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEiZU56laZkZkN8BlS2tx2GapUY4g&url=http://www.bloomberg.com/news/2011-07-20/new-zealand-dollar-may-end-four-month-rally-versus-aussie-citigroup-says.html)
Bloomberg
The kiwi has surged 8 percent against Australia&#39;s currency since the beginning of March. “It appears either the RBNZ cut more aggressively than they needed to, or the economy has responded very quickly to the 50 basis point cut,” Andrew Cox, a currency ...

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