As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.


ECB Has High Burden of Proof to Weaken Euro Today

Markets are expecting a lot from the European Central Bank today, at its final central bank meeting of the year.
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Walker England   

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My Picks: EUR/NZD Pending Breakout
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