Wednesday, 17 June 2009

Kiwi holds vs. aussie, down against sterling

The New Zealand dollar had a mixed day yesterday, holding steady against the aussie but losing ground to a stronger pound.
  • Investors continue to take a guarded view over the potential economic recovery, with a mixture of weak and upbeat economic news clouding the issue.
  • The kiwi weakened considerably against sterling yesterday, with the pound being supported by the view that the UK economy may be slowly recovering.

No comments:

Post a Comment