NZ dollar little changed as investors await decisions from Fed, RBNZ

Tue, 28 Jan 2014

By Tina Morrison Jan. 29 (BusinessDesk) – The New Zealand dollar was little changed as investors await tomorrow’s outcome of central bank meetings in the US and New Zealand. The kiwi slipped to 82.59 US cents at 8am in Wellington, from 82.75 cents at 5pm yesterday. The trade-weighted index was little changed at 78.18 from 78.20 yesterday. Investors are reluctant to take major bets on currencies as they await the results of central bank meetings in the US and New Zealand tomorrow morning. Analysts expect the Federal Reserve Open Market Commi...

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