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Kiwi rises ahead of RBNZ review
The New Zealand dollar gained ahead of the RBNZ's six-weekly review of monetary policy.
The New Zealand dollar gained ahead of the RBNZ's six-weekly review of monetary policy.
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The kiwi traded at 70.42 US cents as at 8am from 70.47 cents yesterday.
The kiwi rose to 57.04 British pence as at 8am in Wellington from 56.82 pence late yesterday.
This week the Reserve Bank is expected to reiterate it won't raise interest rates any time soon.
The kiwi dollar fell to 69.73 US cents as at 8:30am in Wellington from 69.91 cents late yesterday.
The New Zealand dollar pared some of its gains after the US Federal Reserve lifted rates.
The New Zealand dollar surged about 1 US cent after the US Federal Reserve raised interest rates.
The New Zealand dollar kept to a tight range as markets await a series of events.
The dollar stuck to a very tight range as the by Fed policymakers is about to get underway
A two-day meeting by Federal Reserve policymakers is expected to result in the first of a series of rate hikes this year.
The NZ dollar was little changed in a week that's expected to include an interest rate hike.
The kiwi dollar traded at 64.82 euro cents as at 8am in Wellington.
The New Zealand dollar remained out of favour yesterday, falling 1.7 per cent on the week against the greenback.
The New Zealand dollar fell, rounding out a four-week decline of about 5 percent.
The New Zealand dollar fell below 70 US cents, reaching an eight-week low.
The New Zealand dollar fell to its lowest level this year.
COMMENT: Donald Trump evidently has a primitive view of international commerce.
The kiwi increased to 72.17 US cents as at 8am in Wellington from 71.82 cents late yesterday.
The kiwi traded at 71.97 US cents as at 8am in Wellington, from 71.94 cents late yesterday.
Donald Trump's address before Congress tomorrow Federal Reserve Chair Janet Yellen's talk on Friday are seen as the major events this week.
Greenback struggles to gain any traction on ongoing jitters about the US.
The New Zealand dollar rose after the US Treasury indicated it would take time for fiscal policy reform to impact the US economy.
The Federal Reserve's latest meeting showed concern that a strong greenback could hurt US economy.
The kiwi traded at 71.62 US cents as at 8am in Wellington, having sunk as low as 71.27 cents ahead of the GlobalDairyTrade auction.
The kiwi may decline if dairy prices fall at tonight's auction and expectations firm for interest rate hikes by the Federal Reserve.
The New Zealand dollar fell in subdued trading as traders looked ahead to the GlobalDairyTrade auction this week and the release of minutes of the latest Federal Reserve meeting.
The kiwi traded at 71.84 US cents as at 8am in Wellington.
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