NZ dollar little changed as Yellen testimony, US inflation data awaited

Mon, 10 Jul 2017

By Jonathan Underhill July 11 (BusinessDesk) - The New Zealand dollar was little changed, having traded in a 0.50 US cent range for the past week, as traders await testimony from Federal Reserve chair Janet Yellen and US inflation data to provide fresh impetus to the greenback. The kiwi traded at 72.72 US cents as at 8am in Wellington from 72.76 cents late yesterday. The trade-weighted index was little changed at 78.21. Yellen is scheduled to give testimony to the US Congress on Wednesday and may reiterate that the US central bank sees...

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