Fed minutes, Australian jobs data awaited to give kiwi dollar direction

Mon, 07 Apr 2014

By Paul McBeth April 7 (BusinessDesk) - The New Zealand dollar was little changed as investors prepare for minutes to the latest US Federal Reserve policy review and Australian employment figures later in the week. The kiwi traded at 85.93 US cents at 5pm in Wellington from 85.81 cents at 8am and 85.97 cents on Friday in New York. The trade-weighted index rose to 80.31 from 80.03 at the New York close. Traders are waiting for the release of minutes to last month’s Federal Open Market Committee meeting on Wednesday in Washington to get a cl...

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