NZ Dollar Outlook: Kiwi may decline in volatile trading as RBNZ, Fed meet

Sun, 25 Jan 2015

By Tina Morrison Jan. 26 (BusinessDesk) - The New Zealand dollar is headed for a volatile week marked by central bank meetings locally and in the US as investors remain wary of weak commodity prices, low inflation and amid concerns about sluggish global growth. The kiwi may trade between 72.90 US cents and 76.50 cents this week, according to a BusinessDesk survey of seven currency strategists and traders. Four expect the currency to decline, while two say it may advance and one picks it to be little changed. It recently traded at 74.22 US...

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