NZD/USD: Will Lackluster New Zealand Retail Sales Weigh On Kiwi?

 12.07.2008 03:20   actionforex.com

Retail sales in New Zealand are expected to have eased back slightly in May, weighed down by autos as rocketing gasoline prices deter buyers. Excluding this factor, however, retail sales are anticipated to rebound 0.5 percent, as higher energy and food prices boost the index reading. However, spending on discretionary...

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