New Zealand Dollar Upward on Australian Dollar

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July 26

One of the most interesting pairs AUD/NZD has been on downside. Moreover, the rate has been over 1.07 just about a month ago. Now it is few percentages lower. As can be seen in a graph below AUD/NZD decline was not something once and surprising. New Zealand dollar has been gaining on Australian dollar in recent weeks. Furthermore, after a rebound it was going down once again. For example, as can be seen in arrow on way to area near current prices the drop was accelerating. 

AUD/NZD around 1.05 now. 

The maximum and minimum for the pair since June and almost for last two months has been 1.082 for maximum and 105.4 for minimum. The pair is trading at multi-month minimum and continues to go down. Companies as BHP affected by exchange rates and trade. Check out more on our Twitter.

Check out previous articles about Canadian dollar an other currencies in Canadian Dollar at 5-Month Low, What's Next?, Currencies Performance, Unique Levels & Polls, Brazilian Real At 1-Year High. More in Money & Cryptocurrencies, Economies & Markets, Luxury & Lifestyle, Food & Health, Travel & Nature and Entertainment & Polls. 

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