NZ dollar heads for 1.4 per cent weekly gain on Fed's cautious inflation view

The New Zealand dollar is headed to a 1.4 per cent weekly gain after some market participants pared back their expectations for US interest rate increases next year after the Federal Reserve sounded a note of caution this week on low inflation. The kiwi traded at 68.75 US cents as at 5pm in Welli...

NZ dollar heads for 1.4 per cent weekly gain on Fed's cautious inflation view