The New Zealand dollar was mixed today, rising against some rivals, falling versus others, and staying flat against some others. Macroeconomic data, both domestic and from abroad, was mixed as well, giving the currency no reason to go in a specific direction.
New Zealand dollar is gaining against some of the major currencies today, thanks in large part to the latest rate cut out of China. Kiwi is expected to remain relatively steady through the end of 2015, although the situation could change in the new year.
New Zealand dollar is getting a boost today, heading a little bit higher after yesterday’s drop. Kiwi is seeing some support, but more weakness could be ahead.
