NZ dollar slips amid low liquidity on US Thanksgiving holiday

Thu, 26 Nov 2015

By Tina Morrison Nov. 27 (BusinessDesk) - The New Zealand dollar edged lower amid low liquidity during the US Thanksgiving holiday. The kiwi slipped to 65.67 US cents at 8am in Wellington, from 65.87 cents at 5pm yesterday. The trade-weighted index was at 71.42 from 71.54. Currency markets are experiencing low volumes and poor liquidity in the second half of this week as traders take an extended break around Thursday's US Thanksgiving holiday. Traders may also be unwilling to take positions ahead of the last key US data releases next w...

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