NZ Dollar Outlook: Traders split on kiwi direction amid volatility

Sun, 22 Mar 2015

By Tina Morrison March 23 (BusinessDesk) - The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week. The kiwi may trade between 73.50 US cents and 77.25 cents this week, according to a BusinessDesk survey of 11 currency strategists, traders and advisers. Four expect the kiwi to gain, three say it may decline and four bet it will remain largely unchanged. It was recently trading at 75.59 US cents. Over the past week the New Zealand dollar initially fell...

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