NZ dollar little changed ahead of RBA, dairy auction, labour data

Mon, 31 Oct 2016

By Jonathan Underhill Nov. 1 (BusinessDesk) - The New Zealand dollar was little changed and has traded in a narrow range ahead of the latest GlobalDairyTrade auction, Reserve Bank of Australia rates review and labour market data at home and in the US. The kiwi traded at 71.47 US cents as at 8am in Wellington from 71.51 cents late yesterday. The trade-weighted index was at 77.01 from 77.07. Another gain in the price of whole milk powder could push the price to its highest level since March 2015 after a 2.9 percent gain in the last aucti...

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