NZ dollar off early highs but rangebound ahead of inflation data

Mon, 17 Jul 2017

By Rebecca Howard July 17 (BusinessDesk) - The New Zealand dollar was off its highs after some comments from a central bank deputy governor and ahead of Tuesday's second-quarter domestic inflation data. The kiwi traded at 73.30 US cents as at 5pm in Wellington versus 73.42 US cents as at 8am in Wellington and 73.45 cents in late New York trading on Friday. It got a solid lift overnight Friday from weak US inflation, retail sales and consumer sentiment figure but ground lower over the session. The trade-weighted index was at 77.97 from a...

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