NZ dollar steady, volatility possible as ECB forum continues

Wed, 28 Jun 2017

By Rebecca Howard June 28 (BusinessDesk) - The New Zealand dollar spent the day treading water after its overnight tumble when European Central Bank president Mario Draghi hinted the ECB might start winding down its stimulus. The local currency could see further volatility overnight as different central bankers speak at the three-day European Central Bank Forum on Central Banking. The kiwi traded at 64.11 euro cents at 5pm versus 64.10 euro cents at 8am in Wellington and 65.25 cents late yesterday. It traded at 72.76 US cents from 72.72 U...

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