![New Zealand dollar steady as traders mull US tax reform](/pf/resources/images/placeholders/placeholder_l.png?d=793)
New Zealand dollar steady as traders mull US tax reform
News the Senate passed its tax-cut bill helped bolster the US dollar
News the Senate passed its tax-cut bill helped bolster the US dollar
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The dollar held yesterday's gains after the Reserve Bank raised its inflation forecast.
The NZ dollar edged up ahead of this morning's monetary policy statement.
The New Zealand dollar fell, reversing yesterday's gains.
The Reserve Bank is expected to keep rates on hold at 1.75 per cent.
The New Zealand dollar gained to a two-week high against the pound.
The NZ dollar spiked after stronger-than-expected September quarter jobs data.
The kiwi fell to 68.45 US cents as at 5pm in Wellington.
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The Kiwi dollar fell as traders digested comments from Finance Minister Grant Robertson.
BNZ currency strategist Jason Wong believes the dollar looks oversold