NZ Dollar Outlook Kiwi likely to fall vs. A$ this week as RBA removes easing bias

Mon, 03 Feb 2014

By Tina Morrison Feb. 3 (BusinessDesk) – The New Zealand dollar will probably decline against its trans-Tasman counterpart this week as signs of a revival in the Australian economy prompt that nation’s central bank to remove its easing bias, turning attention to the next hike rather than the next cut. The kiwi will probably trade between 91 Australian cents and 93.70 cents, according to a BusinessDesk survey of eight currency strategists and traders. Four expect the kiwi to decline against the Aussie, while one expects a gain and three say i...

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