Weekly Outlook: The New Zealand Dollar Gains Strong Retail Sales (Forex Capital Markets via Yahoo!7 Finance)

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15-Jul-2006, 11:18 AM

Weebley

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Weekly Outlook: The New Zealand Dollar Gains Strong Retail Sales (Forex Capital Markets via Yahoo!7 Finance)

The New Zealand dollar climbed a total of 90 basis points on the week against its US namesake on better-than-expected economic data. A spike in retail sales showed renewed signs of life in the New Zealand economy. Likewise, broad USD weakness allowed it to capitalize on the bullish news to post its third week of gains after falling to 14-month lows.Moving forward, next week will bring important

http://us.rd.yahoo.com/dailynews/rss...4/36/sw24.html

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Weekly Outlook: The New Zealand Dollar Gains Strong Retail Sales (Forex Capital Markets via Yahoo!7 Finance)

Discuss Weekly Outlook: The New Zealand Dollar Gains Strong Retail Sales (Forex Capital Markets via Yahoo!7 Finance) in the New Zealand News Feeds forums; The New Zealand dollar climbed a total of 90 basis points on the week against its US namesake on better-than-expected ...

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