New Zealand Dollar Halts Losing Streak Ahead of RBNZ, British Pound Hits Fresh Monthly Low
December 9th, 2009 by
The New Zealand dollar halted the five-day decline and crossed back above the 100-Day SMA (0.7091) to reach a high of 0.7145 against the greenback, while the British Pound broke out of the November range and tumbled to a fresh monthly low of 1.6168 during the overnight trade, and remains the weakest of the major currencies on Wednesday.
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New Zealand Dollar Halts Losing Streak Ahead of RBNZ, British Pound Hits Fresh Monthly Low
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