NZ dollar treads water as investors await Fed speakers

Mon, 26 Nov 2018

By Paul McBeth Nov. 27 (BusinessDesk) - The New Zealand dollar was largely unchanged as US markets reopened on a positive note as investors await speeches from Federal Reserve officials after cautious comments on the US rate outlook earlier this month. The kiwi was at 67.84 US cents as at 8am, unchanged from afternoon trading yesterday. The trade-weighted index was at 74.17 from 74.10. Stocks on Wall Street gained after US markets reopened from the Thanksgiving-shortened week with the Dow Jones Industrial Average up 1.2 percent in la...

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