NZ dollar little changed as Trump, Yellen awaited; trade data looms

Mon, 27 Feb 2017

By Jonathan Underhill Feb. 28 (BusinessDesk) - The New Zealand dollar remained in a tight trading range as financial markets await a key policy address by US President Donald Trump and a speech by Federal Reserve chair Janet Yellen at the end of the week. Locally, trade data and a business confidence survey may underline the strength of the NZ economy. The kiwi traded at 71.97 US cents as at 8am in Wellington, from 71.94 cents late yesterday. The trade-weighted index was at 78.29 compared with 78.24. The New Zealand dollar has been con...

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