NZ dollar holds at elevated levels as traders await new data for direction

Sun, 29 Jun 2014

By Tina Morrison June 30 (BusinessDesk) - The New Zealand dollar is little changed at elevated levels as traders await new data in the coming week to provide direction. The kiwi was at 87.75 US cents at 8am in Wellington, unchanged from the New York close and from 87.79 cents at 5pm on Friday in Wellington. The trade-weighted index was little changed at 81.50 from 81.52 on Friday. New Zealand's trade-weighted currency index hit a record high on Friday and the kiwi touched a three-year high against the greenback as investors shunned the...

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