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US Dollar, Japanese Yen Surge - Why Did the New Zealand Dollar Gain Post-Rate Cut? (Forex Video)
Wednesday, 22 October 2008 21:16:41 GMT
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The US dollar and Japanese yen remain in high demand. New Zealand dollar gained despite the RBNZ's rate cut, find out why...
Stories to watch on DailyFX
· The RBNZ slashed rates by 100bps to 6.50%, so why did the New Zealand dollar bounce higher?
· See how our DailyFX Analysts' are positioning in the volatile yen crosses in the DailyFX Analyst Picks section.
Send any comments or questions to tbelkas@dailyfx.com.
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