NZ dollar set for action-packed week after lacklustre Thanksgiving trading

Sun, 29 Nov 2015

By Tina Morrison Nov. 30 (BusinessDesk) - The New Zealand dollar starts the week lower after the US dollar advanced towards the end of last week amid low liquidity with many traders on holiday. The kiwi slipped to 65.27 US cents at 8am in Wellington, from 65.30 cents at the New York close and 65.69 cents at 5pm on Friday. The trade-weighted index was at 71.22 from 71.49 on Friday. The US dollar advanced at the end of last week as currency markets experienced low volumes and poor liquidity as traders took an extended break around the US...

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