NZ dollar little changed after FOMC minutes, gains vs Aussie as oil falls

Wed, 05 Jul 2017

By Jonathan Underhill July 6 (BusinessDesk) - The New Zealand dollar was little changed against the greenback after minutes of the last Federal Open Market Committee meeting gave no new insights into the outlook for US interest rates, and it gained against the Aussie as crude oil fell. The kiwi dollar traded at 72.85 US cents as at 8am in Wellington from 72.83 cents late yesterday. It rose to 95.80 Australian cents from 95.62 cents yesterday. The FOMC minutes showed some Fed policymakers were concerned about the weaker inflation data i...

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