NZ Dollar Outlook: Kiwi faces volatile week heading into US holiday as key data looms

Mon, 23 Nov 2015

By Tina Morrison Nov. 23 (BusinessDesk) - The New Zealand dollar may be volatile this week amid lower liquidity during a holiday-shortened trading week in the US, and as investors look to upcoming data for signals on key interest rate reviews looming next month. The kiwi may trade between 64.30 US cents and 67.10 cents this week, according to a BusinessDesk survey of 11 currency analysts. Five expect it to gain, two say it may fall and four are betting it will remain largely unchanged. The local currency recently traded at 65.20 US cents....

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