NZ dollar gains amid mixed US data ahead of Federal Reserve meeting

Mon, 15 Sep 2014

By Tina Morrison Sept. 16 (BusinessDesk) - The New Zealand dollar gained amid mixed US data as investors await the outcome of the Federal Reserve's two-day meeting starting today. The kiwi rose to 81.72 US cents from 81.26 cents yesterday. The trade-weighted index advanced to 78.51 from 78.07 yesterday. US data overnight presented a mixed picture of the state of the world's largest economy, as the New York Fed's September US Empire Manufacturing release beat expectations, followed by August industrial production data which lagged forec...

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