NZ dollar slips vs. greenback ahead of Fed’s beige book, US manufacturing figures

Wed, 15 Jan 2014

By Paul McBeth Jan. 15 (BusinessDesk) - The New Zealand dollar slipped against the greenback ahead of the Federal Reserve’s regional outlook, known as the beige book, and US manufacturing figures, both of which will likely show more strength in the world’s biggest economy. The kiwi fell to 83.36 US cents at 5pm in Wellington from 83.77 cents at 8am and 83.70 cents yesterday. The trade-weighted index was 78.87 at 5pm from 78.82 yesterday, having pushed near a post-float high earlier in the day. The Dollar Index, a measure of the greenback...

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