Recent run on the Kiwi ends as new growth strategy is launched for the Euro

By Charles Kurth

21st May, 2012

The Kiwi has gained some strength against several currency pairs after some certainty has been bought back to the Euro zone. Following the G8 summit it was revealed that growth and job creation will replace the out of date austerity measures and has been welcomed by Global Investors who can now start watching the riskier currencies once again. This appreciation is not isolated to the pound either with noticeable gains posted against both the Yen and USD.

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