INTRODUCTION TO NEW ZEALAND DOLLAR According to Wikipedia.org, New Zealand has a 2008 estimated population of around 4.2 million people, which is the first important fact for us to understand for two reasons. Firstly, as New Zealand's domestic market is so small, it must rely heavily on exports to drive economic growth, making the country especially susceptible to growth or decline in the global economy. This is particularly true when looking at the health of its main trading partners, ...
EUR/USD Weekly EUR/USD continues to trade on a long term parallel and the weekly wicks (key reversal this week) denote active support. I don’t like being a bear in the face of active support at a well-defined parallel… As always, define your risk points (read more about traits of successful traders here). GBP/USD Weekly GBP/USD needs to take ...
Business confidence in New Zealand picked up steam in December, the latest survey from NBNZ showed on Monday with an index score of 21.7. more...
Slipknot percussionist Shawn 'Clown' Crahan recently discussed his directorial debut with Rolling Stone. Crahan directed the film adaptation of the graphic novel Officer Downe. The story follows a policeman who is resurrected from the dead and does battle with anthropomorphic monsters. Crahan wanted to stay true to the source material. The film stars Sons of Anarchy's Kim Coates in the lead role. more...
New Zealand posted a merchandise trade deficit of NZ$1.436 billion in September, Statistics New Zealand said on Thursday - representing 41 percent of exports. more...