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Forex - Opinion: GDP growth and interest rates dominate the NZD outlook

By Roger J Kerr As expected, the NZ dollar was not too comfortable holding on to its gains to 0.5900 and his since retreated to the 0.5500 to 0.5700 region. It is just far too early for the currency to be pricing in an economic recovery ahead of other countries. Even though the medium term signs still remain that the NZ economy will be back on a positive GDP growth path ahead of Australia and other countries, it is premature for the currency to be advancing at this time in anticipation of t
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