NZ dollar little changed as traders await German judgment on euro-zone fund, Fed meeting

Tue, 11 Sep 2012

By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand dollar was little changed in local trading as investors await the German Constitutional Court judgment on the legality of the euro-zone's rescue fund and Thursday's Federal Open Market Committee meeting which may result in more asset purchases. The kiwi traded at 81 US cents at 5pm in Wellington from 80.83 cents at 8am and 81.16 cents yesterday. The trade-weighted index fell to 72.36 from 72.51 yesterday. Germany's Federal Constitutional Court will rule on the nation's participation i...

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