NZ dollar little changed as Trump impact weighed, volatility remains low

Mon, 30 Jan 2017

By Jonathan Underhill Jan. 30 (BusinessDesk) - The New Zealand dollar was little changed near its highest in more than two months, having rallied through January, as low global volatility ensures the so-called carry trade remains popular. The kiwi traded at 72.65 US cents as at 5pm in Wellington, from 72.62 cents in late New York trading on Friday and 72.45 cents in Wellington at the end of last week.The trade-weighted index slipped to 79.46 from 79.58 on Friday, having reached 79.76 last week, the highest since April 2015. Traders sai...

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