New Zealand dollar rebound from the weak levels with the recovery in commodity prices
New Zealand dollar extended the height of the European market on Tuesday against the US dollar, within a rebound from lows operations in four months, in conjunction with the recovery in commodity prices, and awaits investors later today data on inflation in New Zealand during the fourth quarter, maintained the pound to rise against the US dollar after data exceeded expectations for the pace of inflation, the British economy over the past month.
New Zealand dollar is trading against the US dollar by at 11:55 GMT, on the level of 0.6500 from an opening price of 0.6448 and 0.6512 the highest price and the lowest of 0.6414 scored.
New Zealand dollar yesterday lost 0.2 percent against its US counterpart from the level of the previous close, in the fifth daily loss in a row, scoring on Friday, the lowest level in four months 63.80 US cents.
Most closely linked to commodities and currencies found on top of the New Zealand dollar and Australian counterpart, supported by the rebound in commodity prices to global markets after Chinese economic growth data, which increased speculation of expanding stimulus largest economy, consumer goods world.
And investors awaited later in the day inflation data the New Zealand economy during the last quarter of last year, in order to re-evaluate the expectations of New Zealand cut interest rates in the near future.
Issued by the time 21:45 GMT consumer price index is expected to decline by 0.2 percent from the fourth quarter, rising by 0.3 percent the third quarter, for annual reading is expected to rise by 0.3 percent from a rise of 0.4 percent.
Trading and GBP against the US dollar by at 11:56 GMT, on the level of 1.4285 from an opening price of 1.4241 after recording the highest price and the lowest price of 1.4339 1.4236.
Keep the pound sterling on the rise of the European market on Tuesday against the US dollar, within corrections and rebound from the lowest level in five and a half years registered yesterday to $ 1.4235, in conjunction with positive data issued today in London about the pace of inflation, the British economy has revived the hopes of raising British interest rates during this year.
Consumer prices rose the annual reading of 0.2 percent in December from a rise of 0.1 percent in November, better than expected, which showed an increase by 0.1 percent, with the exclusion of food and fuel prices rose by 1.4 percent, exceeding expectations of a rise of 1.2 percent better than the previous reading rise by 1.2 percent.
For producer prices recorded a decline by 0.8 percent last month, from a decline of 1.6 percent in November, better than the forecast decline of 1.4 percent.
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just to know amooman daikha jata raha haik ismain kaafi satblity b atai rahe hia laiakn is main loss b kaafi traders nahain uthaya hia alaiakn ismain movement baaki currencies ki nisbaa t bohaat low rehtahai and bohaat kal movement rehti haai.
ager app ko apna career profession samjhta hia tao yeh theek nhia hia q kay ager app ko is mai loss hota hia to app to kafi loss uthna ho ga aur ager app ko loss hota hai to ap is ka nukhsan bardsht nhia kar sktay.
commodities and currencies found on top of the New Zealand dollar and Australian counterpart, supported by the rebound in commodity prices to global markets after Chinese economic growth data, which increased speculation of expanding stimulus largest economy, consumer goods world.
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