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Kiwi gains as other currencies suffer

2:23 PM 19 October 2018
The New Zealand’s dollar, so called kiwi, is by far the strongest G10 currency on Friday benefiting from a better sentiment on Asian markets, and – even more importantly, weakness of other currencies. NZDCAD is up 1.2% today after a massive miss in Canadian inflation data and EURNZD and GBPNZD both lose more than 0.8% as the euro is under pressure of debt worries (Italian budget, rising bond yields in Spain) and the pound traders are pessimistic about Brexit deal.
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