1.60 -> 1.25 -> 1.40 -> ? 1.10 ?
Looking at long-term on monthly, it looks like a down trend that is now going through a consolidation period. (1.40-1.25).
Bollard from RBNZ just said he expects the NZ dollar to decline, and it went up. Not sure I understand that one.
Looking at long-term on monthly, it looks like a down trend that is now going through a consolidation period. (1.40-1.25).
Bollard from RBNZ just said he expects the NZ dollar to decline, and it went up. Not sure I understand that one.