NZ Dollar Outlook Views mixed as traders eye weaker US data, mull kiwi’s ascent

Sun, 16 Feb 2014

By Tina Morrison Feb 17 (BusinessDesk) – The New Zealand dollar outlook is mixed this week as weaker economic data from the US and positive risk appetite underpin demand while traders mull whether the kiwi can continue its recent ascent. The local currency may trade between 82 US cents and 84.80 cents this week, according to a BusinessDesk survey of 11 currency strategists and traders. Four expect the kiwi to rise and four expect it will remain relatively neutral, while three anticipate a decline. The New Zealand dollar recently bought 83.63...

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