NZ Dollar Outlook Kiwi may fall as greenback shines, drought weighs

Mon, 11 Mar 2013

March 11 (BusinessDesk) – The New Zealand dollar may fall this week, extending its decline in New York on Friday when US employment data added to signs the world’s largest economy is reviving. The New Zealand dollar recently traded at 82.06 US cents from 82.11 cents in New York on Friday, when it traded above 82.86 cents before the non-farm payrolls report. It may trade in a range of 81 cents to 83 cents this week, according to six strategists and traders in a BusinessDesk survey, with most calling it lower. The New Zealand dollar fell below...

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