NZ dollar little changed as US data meets expectations, keeping rate hike bets alive

Wed, 25 Nov 2015

By Tina Morrison Nov. 26 (BusinessDesk) - The New Zealand dollar was little changed overnight in the absence of major drivers and as US economic data broadly met expectations ahead of the country's Thanksgiving public holiday. The kiwi traded at 65.70 US cents at 8am in Wellington, from 65.78 cents at 5pm yesterday. The trade-weighted index was at 71.34 from 71.30 yesterday. US data released ahead of Thursday's Thanksgiving holiday broadly met expectations. The releases covering consumer spending, unemployment, durable goods orders, c...

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