NZ dollar holds gain as ECB meeting, US employment loom

Thu, 04 Sep 2014

By Paul McBeth Sept. 4 (BusinessDesk) - The New Zealand dollar held gains in local trading as investors await the European Central Bank meeting and US employment in coming days, having recovered some appetite for risk-sensitive assets on growing confidence a ceasefire in Ukraine will be achieved. The kiwi traded at 83.20 US cents at 5pm in Wellington from 83.27 cents at 8am, up from 82.94 cents yesterday. The trade-weighted index was little changed at 78.67 from 78.63 yesterday. The ECB will review monetary policy on Thursday in Brusse...

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