NZ Dollar Outlook: Analysts split on kiwi direction as they mull local data

Mon, 15 Feb 2016

By Tina Morrison Feb. 15 (BusinessDesk) - Analysts are split on the direction of the New Zealand dollar this week as they weigh whether local data is likely to prompt Reserve Bank governor Graeme Wheeler to keep interest rates on hold or lean towards future cuts. The kiwi may trade between 64.50 US cents and 68.25 cents this week, according to a BusinessDesk survey of eight currency analysts. Four bet the currency would remain largely unchanged while two picked it would rise and two that it would fall. It recently traded at 66.43 US cents...

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