NZ Dollar Outlook: weak growth, dairy prices, inflation to weigh on kiwi

Mon, 18 Jan 2016

By Tina Morrison Jan. 18 (BusinessDesk) - The New Zealand dollar may fall this week on concern about the impact on the local economy of slower Chinese growth, weak dairy prices and low inflation. The kiwi may trade between 63 US cents and 66.50 cents this week, according to a BusinessDesk survey of eight currency analysts. Five expect the local currency to decline while three pick it will end the week higher. It recently traded at 64.36 US cents. Investor concern so far this year has been focused on the likelihood that weaker growth...

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