Kiwi celebrates victory
New Zealand got benefits in the economic recovery due to the victory over coronavirus
In late March, I recommend buying the New Zealand dollar, and I could have been criticized by many analysts. The NZD/USD pair was trading close to its 11-year low, the stock indexes showed no signs of growth, and the concerns about global recession encouraged investors to buy safe havens. However, I was right then. The Kiwi has been 10% up versus the US dollar, and it is even the leader among G10 currencies in June. The factor of China’s economic recovery as the main market for New Zealand…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>
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