NZ Dollar Outlook Kiwi may continue in recent range as Fed, euro bond buying loom

Sun, 26 Aug 2012

By Hannah Lynch Aug. 27 (BusinessDesk) - The New Zealand dollar may continue to trade in its range of the past month look forward to the central bankers’ retreat in Jackson Hole, Wyoming, and for any signs of commitment from European leaders on the region's bond buying plans. The New Zealand recently traded at 81.13 US cents, little changed from 81.09 cents at 8am. That's right in the middle of this week's forecast trading forecast of 80 cents to 82 cents, according to a BusinessDesk survey of five analysts. The local currency has held in th...

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