NZ Dollar Outlook: Kiwi may decline amid stronger greenback, weaker dairy auction

Mon, 13 Apr 2015

By Tina Morrison April 13 (BusinessDesk) - The New Zealand dollar may fall this week in the face of a resurgent greenback and as dairy futures suggest prices will decline at this week's GlobalDairyTrade auction, raising concern about the outlook for the country's largest export commodity. The kiwi may trade between 73.85 US cents and 77 cents this week, according to a BusinessDesk survey of 13 currency advisers and strategists. Seven expect the currency to decline, two bet it will rise, while four say it will remain little changed. It rec...

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