NZ dollar little changed vs. Aussie as traders await RBA rate decision

Mon, 02 Feb 2015

By Tina Morrison Feb. 3 (BusinessDesk) - The New Zealand dollar was little changed against its Australian counterpart ahead of the Reserve Bank of Australia's meeting today amid expectations Australia may cut interest rates. The kiwi traded at 93.44 Australian cents at 8am in Wellington, from 93.40 cents at 5pm yesterday. The local currency advanced to 73.11 US cents from 72.63 cents yesterday as commodity currencies gained following higher oil prices. Traders are sitting on their hands as they await the main event in the Australasian...

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