NZ dollar little changed ahead of Yellen's last policy meeting, US jobs data

Sun, 28 Jan 2018

By Jonathan Underhill Jan. 29 (BusinessDesk) - The New Zealand dollar was little changed, having climbed about 1 percent last week, as the market awaits Janet Yellen's last policy meeting as chair of the US Federal Reserve and figures on Friday expected to show a shrinking US jobless rate. The kiwi traded at 73.42 US cents as at 8:30am in Wellington from 73.53 cents in New York on Friday. The trade-weighted index slipped to 74.66 from 74.71. The Federal Open Market Committee will conclude its two-day meeting on Wednesday, the last one...

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