NZ dollar holds near multi-month highs vs euro, pound as central bank meetings loom

Wed, 04 Jul 2012

By Paul McBeth July 4 (BusinessDesk) - The New Zealand dollar held near multi-month highs against the euro and pound as investors prepare for a rate cut by the European Central Bank and more quantitative easing from the Bank of England when US markets are closed. The kiwi held rose to 51.33 pence from 51.19 pence yesterday and advanced to 63.92 euro cents from 63.81 cents. That's near a two-month high against pound and a four-month high against the euro. The currency was little changed at 80.49 US cents at 5pm from 80.38 cents at 8am and 80.4...

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