NZ Dollar Outlook: Kiwi may decline as greenback rises ahead of jobs report

Sun, 02 Nov 2014

By Tina Morrison Nov. 3 (BusinessDesk) - The New Zealand dollar may decline as the US dollar continues to trend higher leading into a key jobs report, amid a slew of economic indicators and central bank meetings. The kiwi will probably trade between 76 US cents and 79.80 cents this week, according to a BusinessDesk survey of 11 traders, strategists and brokers. Seven predict the kiwi will fall this week, while three expect it to rise and one says it will likely remain at current levels. The local currency recently traded at 77.72 US cents...

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