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New Zealand Dollar Falls in Currency Trading

May 08th, 2008 | Category: Forex

Down under currencies struggle in forex tradingThe New Zealand dollar is down in currency trading that morning, due in large part to economic notes. Jobs input in New Zealand, along with other indicators, are showing signs of an economic slowdown. The central bank is expected to cut the cash rate.

Additionally, the

Australian dollar is struggling in currency trading. Both down under currencies have been affected by drops in Asian stock markets and plus by drops in commodity prices.

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Original post by Eric J. Fox

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  1. New Zealand Dollar Falls in Currency Trading May 8th, 2008 10:50 am

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