NZ dollar little changed before dairy auction as futures fall, traders await May speech

Tue, 17 Jan 2017

By Jonathan Underhill Jan. 17 (BusinessDesk) - The New Zealand dollar was little changed, with no tail wind from US financial markets closed for the Martin Luther King Jr holiday, in the run-up to a dairy auction that has seen milk powder futures fall and a Brexit speech by UK Prime Minister Theresa May. The kiwi traded at 71.14 US cents as at 5pm in Wellington, from 70.89 cents late yesterday. The kiwi dollar traded at 59.00 British pence from 58.98 pence late yesterday. OMF senior dealer Mark Johnson said there has been "selling acro...

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