Asia Pacific > NZ Market: NZUs hit 7-mth lows as bearish sentiment takes hold

NZ Market: NZUs hit 7-mth lows as bearish sentiment takes hold

Published 07:20 on March 18, 2020  /  Last updated at 09:31 on March 18, 2020  /  Asia Pacific, New Zealand  /  No Comments

NZUs fell to their lowest levels since August on Wednesday, with the NZ$25 FPO until recently considered a price floor barely even relevant as a bearish outlook takes hold amid a flailing economy.

NZUs fell to their lowest levels since August on Wednesday, with the NZ$25 FPO until recently considered a price floor barely even relevant as a bearish outlook takes hold amid a flailing economy.

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