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Kiwi dollar holds steady ahead of RBNZ, Aussie awaits inflation test
SYDNEY: The kiwi dollar was little changed on Monday ahead of a central bank decision widely expected to see interest rates rise for a third time this year, while the Aussie awaited inflation data that could make or break the case for an imminent rate hike. The kiwi was steady at $0.57, after climbing 0.8% last week for a second weekly gain. That has partly offset a seven-week slide that began at the end of August. Resistance is at a one-month top of $0.5709. The Reserve Bank of New Zealand is one of several major central banks, including the Federal Reserve, meeting this week. Markets are ful...
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