NZ Dollar Outlook: Kiwi may trade in tight range in light data week

NZ Dollar Outlook: Kiwi may trade in tight range in light data week
Tina Morrison
By Tina Morrison Feb. 22 (BusinessDesk) - The New Zealand dollar may trade in a tight range this week with a paucity of local data scheduled for release. The local currency may trade between 65 US cents and 68 cents this week, according to 11 currency advisers surveyed by BusinessDesk. Five expect little change, four predict an increase and two say it may decline. It recently traded at 66.42 US cents. The New Zealand dollar is being pushed around by the outlook for global interest rates, as speculation grows that the Federal Reserve wo...