NZ dollar little changed as traders await Fed meeting, slew of US data

Mon, 29 Jul 2013

By Paul McBeth July 29 (BusinessDesk) - The New Zealand dollar was little changed in local trading as investors await a slew of US economic data and the Federal Reserve’s latest update on monetary policy. The kiwi traded at 80.78 US cents at 5pm in Wellington from 80.75 cents at 8am and 80.84 cents on Friday in New York. The trade-weighted index was 75.93 from 76.02 last week. Federal Open Market Committee members will review US monetary policy in a two-day meeting on July 30 and 31, as they weigh up the recovery of the world’s biggest eco...

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