NZ Dollar Outlook Kiwi may fall as risk appetite fades, Oz economy in focus

Mon, 04 Mar 2013

March 4 (BusinessDesk) – The New Zealand dollar may fall in a week that will be punctuated by central bank meetings, Australian data and US non-farm payrolls, and as risk appetite abates. The kiwi recently traded at 82.11 US cents, down from 82.42 cents in late New York Trade on Friday. It will trade in a range of 80.50 cents to 83.50 cents this week, with all five strategists and traders in a BusinessDesk survey calling it lower. The Dollar Index, which measures the greenback against a basket of major currencies, has reached its highest lev...

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