HAS THE US DOLLAR RUN OUT OF PUFF?
The NZ dollar staged a major rebound late last year and it has remained resilient through the first few weeks of January as well. However, much of this NZ dollar strength has come against the US dollar, which has declined against most global currencies, not just ours.
THE WEEK AHEAD: STRONG START TO 2020
Most markets have been strong this year, although Australian equities have been some of the best performers, with the ASX 200 up 5.7%. This puts January 2020 on track to be the strongest month since July 2016, and the best January return for the Australian market since 1994.