RESEND: NZ dollar gains as risk appetite indicators improve, Fed minutes awaited

Mon, 22 May 2017

(Fixes Fed minutes reference in headline) By Jonathan Underhill May 23 (BusinessDesk) - The New Zealand dollar rose to its highest level in a month as measures of investor risk appetite improved and as the market awaits the minutes to this month's Federal Reserve policy meeting. The kiwi rose to 69.93 US cents as at 8am in Wellington, and earlier reached 69.99 cents, from 69.36 cents late yesterday. The trade-weighted index increased to 75.55 from 75.07. The Chicago Board Options Exchange Volatility Index (VIX) fell about 9 percent...

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