NZ dollar holds at 65 US cent 'Goldilocks' level in shortened holiday week

Mon, 23 Nov 2015

By Tina Morrison Nov. 24 (BusinessDesk) - The New Zealand dollar held around its 65 US cent support level overnight, heading into a shortened trading week when US markets will be on holiday. The kiwi was at 65.15 US cents at 8am in Wellington, from 65.14 cents at 5pm yesterday. The trade-weighted index was little changed at 70.98 from 71.01 yesterday. Currency markets may be illiquid this week as traders take extended leave around the US Thanksgiving holiday on Thursday and ahead of key US economic data on payrolls next week in the lea...

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