It’s been another difficult week for the New Zealand dollar – a continuation of their ongoing fortunes in 2015. On Thursday the Antipodean currency weakened to a six year low against the pound and the US dollar, and so far has shown little sign of stopping with poor CPI data on Wednesday not helping to deter this downward trend.
Swiss franc falls in line with the euro
The Swiss may have steered clear of much of the international involvement over the years, but at the moment it seems their currency is suffering a similar fate to the euro. The Producer Price Index (PPI) and Retail Sales date was below expectations this week; along with increased sterling strength, that has contributed to the franc falling by 1.5% against the British currency over the last seven days
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