NZ dollar at bottom of range as ECB forum awaited; US, UK holidays thin volumes

Mon, 26 May 2014

By Paul McBeth May. 26 (BusinessDesk) - The New Zealand dollar held near the bottom of its recent band ahead of the European Central Bank forum which may give investors clues to how the monetary authority will stave off threats to the regional economy. Holidays in the US and UK are likely to keep trading volumes light, traders said. The kiwi traded at,85.33 US cents 5pm in Wellington from 85.36 cents at 8am and 85.39 cents on Friday in New York. The trade-weighted index was 79.73 from 79.78 at the Friday close. ECB president...

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