NZ dollar, little changed, may gain as investor optimism stokes appetite for risk-sensitive assets

Thu, 08 Oct 2015

By Paul McBeth Oct. 8 (BusinessDesk) - The New Zealand dollar was little changed as improving investor sentiment supported demand for risk-sensitive assets, helping push up Asian equities and supporting commodity-linked currencies. The kiwi slipped from a 6 1/2-week high, trading at 65.87 US cents at 5pm in Wellington from 66.05 cents at 8am and almost unchanged from 65.88 cents yesterday. The trade-weighted index traded at 71.04 from 71.17 yesterday. Stocks across Asia were mixed, with China's Shanghai Composite Index up 3.8 percent i...

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