NZ Dollar Outlook Kiwi may rise as central banks meet

Sun, 09 Sep 2012

By Hannah Lynch Sept 10 (BusinessDesk) - The New Zealand dollar rise this week after weak US employment data stoked expectations the Federal Reserve will loosen its monetary policy further, while at home, Reserve Bank governor Alan Bollard is expected to keep interest rates unchanged. The New Zealand dollar recently traded at 81.04 US cents, down from 81.21 cents at the close of trading in New York. That's right in the middle of this week's predicted trading range of 80 US cents to 82 cents, according to a BusinessDesk survey of five analys...

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