NZ Dollar Outlook Kiwi may gain on positive risk sentiment, commodities, China

NZ Dollar Outlook Kiwi may gain on positive risk sentiment, commodities, China
By Jonathan Underhill Jan. 7 (BusinessDesk) – The New Zealand dollar may gain this week as rising equity markets and the power of Chinese demand to lift commodity prices help underpin positive risk sentiment Down Under. The kiwi dollar recently traded at 83.03 US cents from 83.18 cents in New York trading on Friday. The currency has recovered from as low as 81.53 cents on Boxing Day. It may trade in a range of 81.80 cents to 84.70 cents this week, with a bias to the upside, according to a BusinessDesk survey of five traders and strategists....