NZ Dollar Outlook Kiwi may struggle for direction this week on light data

Mon, 24 Mar 2014

By Tina Morrison March 24 (BusinessDesk) – The New Zealand dollar may struggle for direction this week, reflecting the limited amount of new data for markets to digest. The local currency may trade between 84 US cents and 87 cents this week, from 85.40 cents at 8am, according to a BusinessDesk survey of nine traders and strategists. Three expect the currency to remain relatively unchanged, four expect it to gain and two say it could fall. In New Zealand, only the February trade balance on Thursday is scheduled for publication where another...

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