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’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. 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...
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