NZ dollar sticks to tight range, eyes on US for direction

Thu, 05 Jul 2018

By Rebecca Howard July 5 (BusinessDesk) - The New Zealand dollar stuck to a very tight range against the greenback in Asian trading as markets await key events in the US for direction. The kiwi traded at 67.68 US cents as at 5pm in Wellington from 67.61 cents at 8:30am and 67.65 cents late yesterday. The trade-weighted index was at 72.44 from 72.28. Trading was quiet partly due to the overnight Independence Day holiday in the US but also ahead of minutes from the latest Federal Reserve policy meeting, the imposition of US tariffs on...

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