NZ dollar little changed as focus remains on upcoming Fed meeting

Mon, 25 Jul 2016

By Paul McBeth July 26 (BusinessDesk) - The New Zealand dollar was little changed as investors continued to eye the upcoming Federal Reserve policy meeting in the hopes of a steer on when the world's biggest central bank might start raising interest rates. The kiwi traded at 69.89 US cents at 8am in Wellington from 69.79 cents yesterday. The trade-weighted index was at 75.11 from 74.98 yesterday. Stocks on Wall Street edged lower as oil prices declined, weighing on shares of Chevron and ExxonMobil as investors await a flurry of compa...

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