NZD reflects strong economy – New Zealand Finance Minister

The 8.9% appreciation in the New Zealand dollar over the last months reflects the strong New Zealand economy, feels New Zealand Finance Minister Steven Joyce.

While speaking to Bloomberg, Joyce said –

NZ firms are coping well with NZD at current levels

He is unperturbed by NZD strength

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EUR/USD freight train: 25-delta Risk reversal favor further gains

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