NZ dollar stalled ahead of CPI data; IMF trims global outlook

Mon, 21 Jan 2019

By Gavin Evans Jan. 22 (BusinessDesk) - The New Zealand dollar was little changed with investors awaiting tomorrow’s local consumer price data for guidance on the future interest rate track here. The kiwi was trading at 67.26 US cents at 8:30am, from 67.23 US cents late yesterday. The trade-weighted index was at 73.01 from 72.93. The kiwi drifted below 67.20 cents yesterday – near a two-week low – in the absence of fresh drivers. US markets are closed for the Martin Luther King holiday. Manufacturing data in the US on Friday was str...

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