NZ dollar edges up as traders eye FOMC, Australian dollar gains on leadership spill

Mon, 14 Sep 2015

By Paul McBeth Sept. 15 (BusinessDesk) - The New Zealand dollar followed its trans-Tasman counterpart higher after Australia's currency got a boost by Malcolm Turnbull's successful challenge of the country's leadership, as traders continue to shy away from taking firm positions ahead of the Federal Reserve policy meeting at the end of the week. The kiwi increased to 63.29 US cents at 8am in Wellington from 63.12 cents yesterday. The local currency fell to 88.65 Australian cents form 89.08 cents yesterday. Australia's currency gained af...

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