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This could be the hottest currency trade of 2014

Posted on 03 January 2014

The New Zealand dollar enjoyed a strong 2013, and its fortunes are expected to be even brighter this year, analysts say. The Kiwi – as it is broadly referred to by FX traders – has notched up around 6 percent of gains against the greenback since late June, as rhetoric from its central bank turned increasingly hawkish.
In 2013, the currency fared particularly well against the Japanese yen, gaining 20 percent, while the Aussie-Kiwi cross touched its weakest level in five years last month, as the Aussie dropped 14 percent against the greenback in 2013………………………………………..Full Article: Source


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