Tuesday, September 22, 2009

New Zealand steps out from the Recession

New Zealand became the latest country to statistically step out of the shadow of the recession, sparking an increased appetite for the carry trade, and thereby bringing the USD under pressure again overnight. Ironically, the country's growth was partially a result of dairy sales, which have caused such grief in Europe.

1 comment:

morethanyouknow said...
This comment has been removed by a blog administrator.