Archive for July 10th, 2010
New Zealand Dollar Thriving in Obscurity – 4821th Edition
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 [...]
