NZ dollar little changed as market awaits evidence to support 'more hawkish' Fed

Thu, 01 Sep 2016

By Jonathan Underhill Sept. 1 (BusinessDesk) - The New Zealand dollar was little changed as traders look ahead to non-farm payroll figures on Friday in the US for evidence that the Federal Reserve is right in appearing to adopt a more apparent willingness to hike interest rates. The kiwi traded at 72.51 US cents as at 5pm in Wellington, almost unchanged from its levels of late yesterday. The trade-weighted index gained to 77.43 from 77.36. Federal Reserve chairwoman Janet Yellen and vice chairman Stanley Fischer last week talked up the...

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