you'll have noticed that the New Zealand dollar has been particularly strong lately currently sitting just below its all time highs at around US$02he NZD has averaged at US$00 ever simply because floating in March 1985; therefore it is approximately 36% above that historic averagehe two reasons for this strength are well understood, and are problems being faced by numerous countries, including NZ, around the world - The terrible US budget deficit - High levels of debt and a property market that several feel has not yet reached the bottomn comparison, NZ is in a comparatively better stateur economy is Based on agricultural develop that have strong demand, and our neighbouring Australia is blessed with a rich mining sectordditionally, our Reserve Bank is seen as credible, our Government sensible, and our outlook better than most in the eyes of several global investorsew Zealand's interest rates are at the same time attractive, with our OCR of 2% being relatively more appealing than th ... [Read More - Forex Trading Guides]

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