NZ dollar drifts off ahead of US data, Fed minutes

Tue, 19 Nov 2013

By Paul McBeth Nov. 19 (BusinessDesk) - The New Zealand dollar fell in local trading as investors await consumer spending and inflation figures in the US later this week, and the release of minutes to the Federal Reserve’s last policy meeting. The kiwi fell to 83.10 US cents at 5pm in Wellington from 83.57 cents at 8am and 83.50 cents yesterday. The trade-weighted index declined to 77.55 from 77.91 yesterday. Investors are awaiting more US data and the release of minutes to the October Federal Open Market Committee meeting on Wednesday in...

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