NZ dollar little changed ahead of US economic data as rate track eyed

Tue, 24 Nov 2015

By Paul McBeth Nov. 24 (BusinessDesk) - The New Zealand dollar was little changed as investors await US economic data in a shortened trading week to give them a clearer steer on whether the Federal Reserve will start hiking interest rates next month. The kiwi traded at 65.24 US cents at 5pm in Wellington from 65.15 cents at 8am and 65.14 cents yesterday. The trade-weighted index was little changed at 71.04 from 71.01 yesterday. Economists have revised up their expectations for the pace of growth in the US ahead of its the second esti...

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