New Zealand Dollar Thriving in Obscurity

July 9, 2010
[Story ID: 4998]

It’s understandable that forex investors basically ignore New Zealand. Its economy is around 10% the size of its neighbor Australia, its currency is less liquid, and spreads are higher. Given that its performance closely tracks the Australian Dollar, meanwhile, why pay it any attention?

To be sure, the new currencies from Down Under trade in virtual [...]

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