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NZ dollar little changed ahead of RBNZ review expected to keep rates on hold

NZ dollar little changed ahead of RBNZ review expected to keep rates on hold

June 22 (BusinessDesk) - The New Zealand dollar barely budged heading into the Reserve Bank's latest policy review which is expected to keep the official cash rate at 1.75 percent and retain a neutral bias on the outlook.  The kiwi traded at 72.25 US cents as at 8am in Welling...

Paul McBeth 21 Jun 2017
While you were sleeping: Oil slide continues

While you were sleeping: Oil slide continues

By Margreet Dietz June 22 (BusinessDesk) - Wall Street was mixed amid the ongoing slide in oil prices, which touched the lowest level in 10 months.  West Texas Intermediate for August delivery touched the lowest level since August, while Brent hit the lowest level since Nov...

Margreet Dietz 21 Jun 2017
NZ dollar tad weaker as markets expect RBNZ to try and talk it down

NZ dollar tad weaker as markets expect RBNZ to try and talk it down

By Rebecca Howard June 21 (BusinessDesk) - The New Zealand dollar is slightly weaker as markets anticipate the central bank will attempt to jawbone it lower in tomorrow's official cash rate review while keeping rates on hold at 1.75 percent. The local currency traded at 72....

Rebecca Howard 21 Jun 2017