NZ dollar eases from highs vs. pound, on TWI basis as data flow ebbs

Sun, 17 Feb 2013

Feb. 18 (BusinessDesk) – The New Zealand dollar fell from record highs on a trade-weighted basis and against the pound on speculation it may have run too hard after a string of strong economic figures. The kiwi dollar traded at 54.40 British pence, little changed from late New York trading on Friday and down from a post-float high of 55.08 pence at the end of last week in Wellington. The trade-weighted index fell to 76.78 from 76.83 in New York and down from a 77.46 in Wellington. The currency was at 84.37 US cents from 84.46 cents in New Yor...

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