Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world. The price for the majority of traded commodities such as oil is quoted in US Dollars and the US Dollar represents over 60% of the worlds currency reserves (the currency held by central banks to back their liabilities). These facts combined with the fact that ...
- New Zealand Trade Deficit of NZD1.125B Would Mark Largest Shortfall Since August 2013. - Exports to Slow to NZD 3.20B- Lowest Since September 2010. Trading the News: New Zealand Trade Balance A marked expansion in New Zealand’s trade deficit may spark fresh monthly lows in the NZD/USD as it dampens the outlook for growth and inflation. What’s Expected (MQ Metatrader 5 time as GMT+2): Why ...
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