NZ dollar trades near 88 US cts for 3rd session ahead of Yellen, RBA minutes

Mon, 14 Jul 2014

By Jonathan Underhill July 15 (BusinessDesk) - Federal Reserve chair Janet Yellen that may provide clues to the timing of interest rate rises in the world's biggest economy and ahead of the release of minutes of the last Reserve Bank of Australia meeting. "Investors seem to be bracing for the main events later on, in particular Fed Chair Yellen’s speaking engagements in front of US lawmakers, which kick off tonight," said Raiko Shareef, currency strategist at Bank of New Zealand. "We’re on the lookout for any acknowledgement of a...

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