NZ Dollar Outlook: Kiwi may be volatile with slew of data, rate decisions, Brexit uncertainty

Mon, 13 Jun 2016

By Tina Morrison June 13 (BusinessDesk) - The New Zealand dollar may be in for a volatile ride this week as traders face a slew of local data, the Federal Reserve decision on US interest rates, and continued uncertainty around Britain's referendum next week on European Union membership. The kiwi may trade between 68.80 US cents and 72 cents this week, according to seven currency analysts surveyed by BusinessDesk. Three expect a decline, one expects a gain and three say it will likely remain broadly unchanged. It recently traded at 70.45 U...

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