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Ataglance2

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Ataglance2

Re: None

Wednesday, 03/12/2008 8:34:16 PM

Wednesday, March 12, 2008 8:34:16 PM

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Kiwi Hits 12-day High Versus Greenback Amid Q4 Retail Sales Data [NZD/USD]

3/12/2008 6:24:44 PM New Zealand dollar rose to 12-day high versus the US dollar as the Statistic New Zealand released its report on the fourth quarter Retail trade at 5:45 pm ET Wednesday that moved up 1.9%. Core retail sales, excluding vehicle-related sales, increased 0.4%. As of 6:00 pm ET Wednesday, the New Zealand dollar hit a 12-day high of 0.8093, up from an early morning low of 0.7999. However, the pair lost some ground shortly and as of now the kiwi-buck pair is trading at 0.8068.

Don



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