RESEND: NZ dollar retreats from 3-year low as FOMC, RBNZ awaited

Tue, 27 Jan 2015

(Fixes date 2011 in second paragraph) Jan. 27 (BusinessDesk) - The New Zealand dollar rose from a three-year low as traders look ahead to the US Federal Reserve's policy meeting and a statement from the Reserve Bank to determine support for one of the world's highest yielding major currencies. The kiwi traded at 74.26 US cents at about 5pm in Wellington, little changed from yesterday, having earlier touched 73.94 cents, its lowest level since November 2011.The trade-weighted index declined to 76.75 from 76.92 yesterday. The US Dollar I...

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