Tuesday, December 6, 2016

NZD – Broadly Stable


GBL: FX Flash



NZD – Broadly Stable
by Saktiandi Supaat


FX Research





Bill English confirmed that he will stand for National party leadership. This comes off the back of NZ Prime Minister John Key’s announcement to resign as Prime Minister and National Party leader yesterday morning (5 Dec), citing family reasons. PM Key’s decision to resign was a surprise but not to be perceived in a negative light. We expect NZD to remain broadly stable, supported by strong growth momentum, rising dairy prices, solid labor market (employment growth outpaced population growth),

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