(Reuters) - The New Zealand dollar stayed firm despite suspected fresh central bank intervention. The bank entered the market a week ago to knock the kiwi off 22-year peaks versus the U.S. dollar.
Risk appetite was supported by gains in global equities. In currency markets this boosted demand for carry trade investments funded by borrowing in low-yielders like the yen and the Swiss franc. The franc also hit a record low versus the euro.
Read more at Reuters.com Hot Stocks News
Risk appetite was supported by gains in global equities. In currency markets this boosted demand for carry trade investments funded by borrowing in low-yielders like the yen and the Swiss franc. The franc also hit a record low versus the euro.
Read more at Reuters.com Hot Stocks News
No comments:
Post a Comment