NZ economic growth data - gross domestic product (GDP) - contracted further in the September quarter:
New Zealand Q3 GDP -1.0% q/q (vs. -0.4% expected)Q2 showed contraction also, thus cementing two straight quarters of decline. This is the widely-accepted definition of recession.
NZD/USD had been falling, extended lower still:
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about new zealand dollar falls even further after gdp plunges was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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