NZ dollar revives ahead of Fed minutes which may reflect gloomier US view

Wed, 08 Apr 2015

April 8 (BusinessDesk) - The New Zealand dollar gained ahead of the release of minutes of the March 17-18 Federal Open Market Committee on speculation they will echo the tone of Fed officials at the time pointing to a slightly softer track for the US economy. The kiwi rose to 75.41 US cents from 74.85 cents at the start of the day, to be little changed from yesterday. The trade-weighted index rose to 78.94 from 78.70. The Fed's updated economic and rate forecasts last month showed policymakers saw the US economy growing at a more moderate...

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