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Author Archives: NZD Editor

NZD plummets on new government

The New Zealand dollar has been under the pump today as traders have been quick to sell of positions and short the NZDUSD after the recent government change. With a new left leaning government, teaming up with some of the ...

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NZD: New regimes – Rabobank

Jane Foley, Senior FX Strategist at Rabobank, notes that NZD/USD has plunged below its early October lows on the news that kingmaker Peters has decided to back the Labour party to form New Zealand’s next government. “His decision follows protracted ...

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NZD Tumbles Amid Labour Coalition Government

The New Zealand dollar took a hit on Thursday, falling more than 1.70% against the US dollar as investors reacted to the outcome of the coalition government. The Kiwi started to tumble around mid-day local time following rumours that the ...

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NZD/JPY Heading Towards Target

The New Zealand political coalition impacted New Zealand dollar attractiveness across the board on Thursday. While the Japanese Yen remained one of the most viable currencies, the decision of Haruhiko Kuroda to maintain the current monetary stance to … Read ...

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NZD tumbles as New Zealand shifts to the left

The New Zealand dollar took a hit on Thursday, falling more than 1.70% against the US dollar as investors reacted to the outcome of the coalition government. The Kiwi started to tumble around mid-day local time following rumours that the ...

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NZD flying South – SocGen

The main FX mover overnight was the NZD, down as New Zealand First leader Winston Peters backed Labour to form a government, points out Kit Juckes, Research Analyst at Societe Generale. “There are details to iron out, but markets will ...

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