NZ dollar treads water, but 'short squeeze' possible from US data

Mon, 30 Jul 2018

By Rebecca Howard July 30 (BusinessDesk) - The New Zealand dollar tread water as financial markets await a raft of events, including several central bank announcements, US data and local employment data. The kiwi traded at 67.93 US cents at 5pm versus 67.92 US cents at 8am in Wellington and 67.87 cents on Friday in New York. The trade-weighted index was at 73.17 from 73 last week. Investors are awaiting upcoming central bank meetings in the US, UK and Japan, with the Bank of Japan's Wednesday meeting of particular interest, given spe...

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