NZ dollar rises but seen as range-bound ahead of election, Fed statement

Tue, 19 Sep 2017

By Rebecca Howard Sept. 19 (BusinessDesk) - The New Zealand dollar gained although it remains in a tight range as investors await the Federal Reserve meeting for clues on US monetary policy as well as the final opinion polls ahead of Saturday's election. The kiwi was trading at 72.78 US cents as at 5pm in Wellington from 72.57 cents at the start of the day and from 73.12 cents late yesterday. The trade-weighted index fell to 75.97 from 76.08 yesterday. The New Zealand dollar got a slight lift against the greenback ahead of the Federal...

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