NZ Dollar Outlook: Kiwi's fate this week in hands of RBNZ

Mon, 01 Feb 2016

By Tina Morrison Feb. 1 (BusinessDesk) - The New Zealand dollar's direction this week may be dictated by key Reserve Bank officials who will be setting the scene for the year with a series of forward-looking speeches. The kiwi may trade between 63.50 US cents and 66.40 cents this week, according to a BusinessDesk survey of six currency analysts. Three thought it would gain, two bet it would fall and one picked it would be little changed. It recently traded at 64.72 US cents. Reserve Bank governor Graeme Wheeler last week opened the doo...

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