Current FX Trends to Continue: Deutsche

The video discusses recent economic data from New Zealand, highlighting a smaller than expected trade deficit for August due to less significant declines in exports and a 10% drop in imports. It also covers the Eurozone's economic challenges, with growth in manufacturing and services sectors slowing to the weakest pace of the year, and the euro holding near a 14-month low. Currency analysts predict the euro may continue to decline, potentially reaching 1.25 by year-end, while the US dollar is expected to strengthen against the yen, with forecasts of 115 to 120 by next year.

What was the actual trade deficit for New Zealand in August compared to the forecast?

• $1.5 billion

• $1.1 billion

• $472 million

• $500 million

How did New Zealand's imports change from July?

• Increased by 5%

• Decreased by 10%

• Remained the same

• Increased by 10%

What trend was observed in Europe's manufacturing and services sectors?

• Growth accelerated

• Growth slowed to the weakest pace this year

• Growth was unaffected

• Growth remained stable

What is the expected value of the euro by the end of the year according to Deutsche Bank?

• 1.30

• 1.20

• 1.35

• 1.25

What is the forecasted range for the US dollar against the yen by next year?

• 1:10 to 1:15

• 1:15 to 1:20

• 1:05 to 1:10

• 1:20 to 1:25