NZ Dollar Outlook Kiwi may fall as Italian election, Bernanke, BOJ lead event risks

Mon, 25 Feb 2013

Feb. 25 (BusinessDesk) – The New Zealand dollar may fall in a week when the Italian election outcome, testimony by Federal Reserve chairman Ben Bernanke and the appointment of a new Bank of Japan governor loom as the biggest event risks. The kiwi dollar recently traded at 83.56 US cents, down from 83.73 cents in late New York trading on Friday. The trade-weighted index was little changed at 76.50, as the kiwi gained against the pound, the yen, and the Australian dollar and fell versus the euro. The New Zealand dollar heads into the week with...

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