NZ dollar little changed as traders mull ECB's pledge

Mon, 24 Nov 2014

By Paul McBeth Nov. 24 (BusinessDesk) - The New Zealand dollar was little changed in quiet trading with Japanese markets closed and as traders mulled European Central Bank president Mario Draghi's pledge to do what was needed to support the region's economy. The kiwi traded at 78.90 US cents at 5pm in Wellington, up from 78.76 cents at 8am, and little changed from 78.81 cents on Friday in New York. The trade-weighted index advanced to 78.60 from 78.33 last week. The euro fell after Draghi said policy makers "will do what we must to rai...

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