NZ dollar little changed ahead of dairy auction, central bank meetings

Mon, 19 Sep 2016

By Jonathan Underhill Sept. 20 (BusinessDesk) - The New Zealand dollar was little changed ahead of the latest dairy auction tonight and statements from the Bank of Japan, Federal Reserve and Reserve Bank of New Zealand this week. The kiwi traded at 72.88 US cents as at 8am in Wellington, from 72.97 cents late yesterday. The trade-weighted index was at 77.79 from 77.86. NZX dairy futures suggest whole milk powder could climb 9 percent in the latest GlobalDairyTrade auction, which would mark the fifth successive gain for the benchmark pr...

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