NZ dollar little changed as investors await US economic data

Tue, 26 May 2015

By Paul McBeth May 26 (BusinessDesk) - The New Zealand dollar was little changed as investors await US data after markets in the world's biggest economy were closed for a holiday on Monday. The kiwi traded at 73.17 US cents at 5pm in Wellington from 73.05 cents at 8am and 73.06 cents yesterday. The trade-weighted index increased to 76.16 from 75.98 yesterday. Traders are awaiting US durable goods orders, services PMI and consumer confidence as they size up the chances of a rate hike by the Federal Reserve after chair Janet Yellen signa...

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