NZ Dollar Outlook: Kiwi may fall as Greek 'No' vote adds downward pressure to rate outlook

Mon, 06 Jul 2015

By Paul McBeth July 6 (BusinessDesk) - The New Zealand may fall this week as Greece's vote against adopting harsher austerity measures in return for another bailout stoke volatility in financial markets and adds pressure to the Reserve Bank to cut interest rates more deeply. The kiwi may trade between 65 US cents and 69 cents this week, according to a BusinessDesk survey of eight currency advisers. Five expect the New Zealand dollar will fall this week, while three have a neutral outlook for the currency. The kiwi recently traded at 66.86...

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