The New Zealand dollar has started the week on a positive note. NZD/USD is trading at 0.6405 in Europe, up 0.41%.
Consumer Confidence falls to record low
New Zealand’s Westpac Consumer Confidence dropped to its lowest level since 1988, when records first started. The Q4 reading of 75.6 was sharply lower than the Q3 release of 87.6. Consumers have been hit by a double-whammy of a sharp rise in consumer prices as well…