NZ dollar pushes top of greenback, euro ranges as ECB meeting looms

Wed, 09 Jan 2013

By Paul McBeth Jan. 9 (BusinessDesk) - The New Zealand dollar rose to the top of recent trading ranges against the greenback and euro as investors gear up for the European Central Bank to review its monetary policy amid signs the 17-nation bloc's economy is deteriorating. The kiwi rose to 83.80 US cents at 5pm in Wellington from 83.50 cents at 8am and 83.55 cents yesterday. It advanced to 64.09 euro cents from 63.63 cents yesterday. European central bankers are expected to keep the benchmark interest rate at a record-low 0.75 percent when...

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