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Friday, June 22, 2012

New Zealand stalled after rising credit card spending in dollars...

THE TAKE: the credit card spending by 0.4% in May, 3.9% per year> New Zealand Dollar little changed after he met in the last 24 hours.
The New Zealand dollar was little changed after the credit card spending rose by 0.4 percent in May and 3.9 life years gained per cent over the previous year. Positive spending fell in line with the better-than-expected growth of GDP over the same period.
Risk-sensitive assets, including high-NZD were sold off in the last 24-hour operation, in part probably a German version of Purchasing Managers' Index smooth and discounts from Moody fifteen banks internationally. The room was a small correction to the great movement on another occasion before the release and seems to have continued in the same direction.

New_Zealand_Dollar_Stagnant_After_Increased_Credit_Card_Spending_body_Picture_4.png, New Zealand Dollar Stagnant After Increased Credit Card Spending

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