NZ dollar little changed as traders eye Fed meeting

Wed, 10 Jun 2020

The New Zealand dollar was broadly unchanged, tracking the fortunes of equities markets, ahead of the Federal Reserve's latest pronouncement on monetary policy. The kiwi was trading at 65.28 US cents at 5pm in Wellington from 65.39 cents at the same time yesterday. The trade-weighted index was at 71.97 from 72.16. The Fed's open market committee is meeting and will announce their conclusions early tomorrow, NZ time, and is expected to release its first economic forecasts since December. According to the Financial Times, the Fed is like...

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