NZ Dollar Outlook Kiwi may fall on global growth concerns

Mon, 20 Aug 2012

By Hannah Lynch Aug. 20 (BusinessDesk) - The New Zealand dollar may fall this week as investors search for fresh clues on the pace of global growth, while Europe struggles to find a credible solution to its debt crisis. The New Zealand dollar recently traded at 80.68 US cents little changed from 80.65 cents at 8am. That's right in the middle of this week's trading forecast of 79.50 cents to 82 cents, according to a BusinessDesk survey of six analysts. Four analysts predict the kiwi will finish the week lower and two higher. Upbeat Americ...

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