NZ dollar steady, markets looking ahead to next week's US data

Fri, 23 Jun 2017

By Rebecca Howard June 23 (BusinessDesk) - The New Zealand dollar was largely unchanged, holding the gains it made when the central bank held rates steady Thursday and - contrary to expectations - was relatively sanguine about the kiwi's strength. The kiwi was trading at 72.67 as at 5pm from 72.63 US cents as at 8am in Wellington from 72.52 cents late yesterday. The trade-weighted index rose to 78.44 from 78.25. Tim Kelleher, head of institutional foreign exchange sales at ASB Bank, said he was surprised there wasn't more follow throu...

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