Thu, 31 Jul 2014 09:31:13 GMT
New Zealand Dollar recovers against its US counterpart
The Kiwi climbed against the Greenback, recovering from almost the lowest price in two months, which had been a result of a statement from the RBNZ. But now the Fed's policy announcement hurt demand for the US Dollar. The pair hit 0.8518, its highest in two days, and proceeded to consolidate at 0.8505.