The New Zealand dollar fetched 62.91 U.S. cent following the release during early hours of Asian trade Thursday. The kiwi fetched 62.69 U.S. cent ahead of the data. The greenback remained broadly supported by hopes for a U.S. rate hike before the end of the year.
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Like any education, a Forex education starts at the bottom. Forex is the shortened version of Foreign Exchange. The Foreign Exchange is where currencies are traded or exchanged, hence the name Forex. More on trading on interessante-dinge.
VW shares dropped 22 percent to €127.00 on the DAX index in Frankfurt, the biggest one-day fall since November 2009, before recovering slightly to close Monday’s session at 134.50. The company could face penalties up to $18 billion dollars in the U.S, while there also a risk of authorities from other countries probing VW for similar manipulations.