China M2 Money Supply (YoY) came in at 12.8%, below expectations (13.4%) in August

FXStreet.com (Barcelona)

Sep 11, 2014

NZD/USD: Downside risk to 0.80 year-end call - BNZ

According to BNZ FX Strategists, there looks to be downside risk to their NZD/USD 0.80 year-end call given the sharp falls in the pair since July.

NZD/USD en-route to retest RBNZ low

Following a slightly more dovish tone than expected by the RBNZ at today's meeting, the NZD/USD is resuming its downward momentum by re-taking the 0.82, currently at 0.8190, approaching the post RBNZ low at 0.8180.