NZ Dollar Outlook Kiwi may re-test highs as NZ shines, Wheeler awaited

Mon, 18 Feb 2013

By Joanthan Underhill Feb 18 (BusinessDesk) – The New Zealand dollar, down from last week’s giddy heights, may re-test its recent highs as the relative strength of the economy draws offshore funds and investors wait to hear what the central bank governor tells harried exporters this week. The New Zealand dollar recently traded at 84.45 US cents from its high last week of 85.33 cents and the trade-weighted index was at 76.92, down from last week’s post-float high of 77.46. The local currency may trade in a range of 83 US cents to 86 cents, a...

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