Kiwi Dollar Looks To Stay Strong
Sunday 4 July 2004
For the world's top-yielding major currency, the New Zealand dollar, the start of a monetary tightening phase in the United States is expected to hold little threat.
By The LandlordBut for the world's second-highest yielding currency, the Australian dollar, it definitely does.
That was the consensus from currency analysts after the US Federal Reserve made what markets believe will be the first of several interest rate increases.
The reason: interest rates still have room to rise in New Zealand, which will protect or even widen the country's yield premium, while rates in Australia are seen to be at or near their peak.
Read More - Opens in a new window
Commenting is closed
It's that time of the year where we run the NZ Property Investor's survey of investor. Take part and be in to win.
There’s a more upbeat feel to the property market and it’s obvious in this month’s QV data which has values firmly on the rise.
New commercial property disrupter, Jasper, has hit the ground running with their first investment offering achieving full subscription in just 36 hours.