NZ dollar mixed against major trading partners in low liquidity, quiet holiday period

Sun, 29 Dec 2013

By Tina Morrison Dec. 30 (BusinessDesk) – The New Zealand dollar was mixed against major currencies as it suffered from low liquidity and a lack of new data during the holiday period. The kiwi was little changed at 81.55 US cents at 8am in Wellington, from 81.45 cents at the New York close and 81.56 cents at 5pm in Wellington Friday. “It is the holiday season and nothing is happening. We have no data today and very little in terms of weekend news,” said Stuart Ive, senior advisor at OMF. “Thin liquidity likely helped exaggerate market moves....

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