Friday, March 28, 2014

New Zealand Trade Surplus Around 3-Year High

The Kiwi continued its appreciation versus other currencies on Thursday, after data showed the country has logged a massive trade surplus in February that surpassed analysts' predictions and reinforced a view the economy is building up steam. The currency advanced 0.5% against its U.S. counterpart, with NZD/USD trading at 0.8631,



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