{"id":15600,"date":"2010-11-20T00:07:37","date_gmt":"2010-11-20T05:07:37","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15600"},"modified":"2010-11-20T00:07:37","modified_gmt":"2010-11-20T05:07:37","slug":"new-zealand-dollar-devlopments-on-the-forex-currency-exchange","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/20\/new-zealand-dollar-devlopments-on-the-forex-currency-exchange\/","title":{"rendered":"New Zealand Dollar Devlopments On the Forex Currency Exchange"},"content":{"rendered":"<p><strong>By James McKee<\/strong><\/p>\n<p>Amid recent trials and tribulations the US Dollar has suffered  significantly on the Forex currency exchange for many different reasons  leaving the New Zealand Dollar to rise against it. These gains were made  possible in light of recent quantitative easing done by the Federal  Reserve that made gains in the stock market possible but caused severe  losses in the Forex market. New Zealand&#8217;s labor market report has made  it even more of a bullish currency as time goes on. Pairing the USD with  a currency rising in value such as the New Zealand dollar is a no  brainer for any trader.<\/p>\n<p>The New Zealand Dollar is very close to breaking the long held value of  .8000 against the USD. This is incredibly significant because this level  has never been broken and once it has been this pair will be the new  favorite of many traders indeed. Betting against the United States  Dollar has just taken on new meaning as things shape up to bear hearty  pips to traders in the know. New Zealand&#8217;s central bank is keeping  interest rates very attractive at the moment, this coupled with rising  employment rates are a sure sign that the NZD|USD pair will continue to  be bullish for a couple more weeks.<\/p>\n<p>The Federal Reserve Bank in the United States has weakened the dollar to  new extremes through supposed quantitative easing measures over the  last couple weeks. These measures will continue for the next several  months causing global devaluation of the United States dollar gradually.  The global economy in all likelihood will completely shed the USD as  its reserve currency in the near future. This eventual reality will  change the face of the United States to the rest of the world and will  usher in a new era of US fiscal policy. The New Zealand Dollar is just  the beginning.<\/p>\n<h3>About the Author<\/h3>\n<p>Author is a Forex trader and financial analyst residing in Denver,  Colorado. To stay up to date on all the latest developments in the  financial world and beyond be sure to check out the <strong><a href=\"http:\/\/forex.tradingcharts.com\/foreign_exchange_rates\/\" target=\"_new\">forex exchange rates<\/a><\/strong> regularly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New Zealand Dollar is very close to breaking the long held value of .8000 against the USD. This is incredibly significant because this level has never been broken<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15600","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15600"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15600\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}