What you need to know about the NZD and NZD futures market – Forex news
The NZD has fallen to the low $US15.50, its lowest since late August.
This has seen it fall below $US16.00 and has been on a downward trend for most of the year.
What to know before the market opens tomorrow: The NZD is expected to settle around $US20 on the open and close at $US18.00 on Friday, the same level as its nearest rival the US dollar.
The benchmark is also expected to trade between $US19.00-19.75.
In fact, the NZDT has already hit a two-month low of $US21.10 and the NZST has lost more than half its value since September 1st.
The New Zealand dollar, meanwhile, has been at a three-month high of 76.60.