NZ dollar steady as markets await Fed statement

Mon, 29 Apr 2019

By Rebecca Howard April 30 (BusinessDesk) - The New Zealand dollar is steady as markets await the US Federal Reserve's monetary policy decision and statement later this week. Local business confidence data today will garner interest. The kiwi was trading at 66.70 US cents at 7:50am in Wellington from 66.79 US cents at 5pm. The trade-weighted index was at 72.71 points from 72.82. Investors are largely on the sidelines ahead of the Federal Reserve's latest monetary policy decision on Thursday morning New Zealand time. While the Fed is e...

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