NZ Dollar Outlook: Kiwi may slide as RBNZ cut weighs, Fed risk looms

Sun, 13 Mar 2016

By Tina Morrison March 14 (BusinessDesk) - The New Zealand dollar may decline this week after the Reserve Bank's interest rate cut last week and amid speculation the Federal Reserve could put rates up again. The kiwi may trade between 65 US cents and 69 US cents this week, according to 12 currency advisers surveyed by BusinessDesk. Six expect it to decline, one bets it will gain, and five say it will remain largely unchanged. It recently traded at 67.24 US cents. The local currency took a step down last week after Reserve Bank governor...

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