NZ dollar little changed as Fed officials keep US rate view intact

Mon, 10 Aug 2015

By Tina Morrison Aug. 11 (BusinessDesk) - The New Zealand dollar consolidated overnight as comments from Federal Reserve officials kept expectations intact for a rate hike next month. The kiwi was little changed at 66.09 US cents at 8am in Wellington, from 66.10 cents at 5pm yesterday. The trade-weighted index slipped to 70.36 from 70.45 yesterday. In the US, comments from Fed officials appeared to reiterate the possibility of a rate hike at the Fed's next two-day meeting on Sept. 16-17. Atlanta Fed president Dennis Lockhart said he wa...

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