NZ dollar little changed after mixed Fed signals, lack of local data

Thu, 09 Apr 2015

The New Zealand dollar was little changed in the face of a lack of local economic data and after minutes of the last US Federal Reserve policy meeting showed members divided about the timing of interest rate hikes. The kiwi traded at 75.51 US cents at 5:15pm in Wellington, from 75.41 cents late yesterday. The trade-weighted index rose to 79.07 from 78.94. The Federal Open Market Committee's minutes of its March 17-18 meeting showed several members favoured raising US interest rates in June, while others preferred to wait until later in th...

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