Mar 27, 2013
Forex Flash: NZD/USD, exporters keen buyers of NZD dips - BNZ
FXstreet.com (Barcelona) - NZD/USD has just printed fresh 1-month highs shy of 0.84, while “Exporters remain keen buyers of dips in the NZD,” Mike Jones notes, Currency Strategist at BNZ. “That’s the very clear message from our Currency Flows Monitor,” he adds. “We’ve seen consistently strong net NZD buying in our flows over the past month, coinciding with the NZD/USD pullback from 0.8500 to 0.8300,” Mike concludes.