NZ dollar little changed as traders await Fed minutes for US interest rate clues

Sun, 16 Aug 2015

By Tina Morrison Aug. 17 (BusinessDesk) - The New Zealand dollar was little changed as markets await the release of the US Federal Reserve's minutes on Wednesday for a clue as to whether US interest rates will rise next month. The kiwi was at 65.32 US cents at 8am in Wellington, from 65.36 cents at the New York close and 65.31 cents at 5pm on Friday. The trade-weighted index was at 70.27 from 70.18 on Friday. This week, investors will be poring over the minutes from the Federal Open Market Committee's July meeting to gauge whether the...

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