The downturn in the global financial market paired with fading risk sentiments has triggered bearish price action for the New Zealand dollar, but mounting hopes for the U.S. bailout package has certainly helped to calm fears, and led the high-yielding currency to bounce back at the end of the trading week.

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This entry was posted on Saturday, October 4th, 2008 at 5:10 pm and is filed under Financial Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.