The New Zealand dollar on Monday held its gains last week but will be facing a likely volatility in the coming days.
The kiwi traded at 63.68 US cents from Friday’s 63.27 US cents.
The market will be looking for cues of stabilization or rebound of the business survey, “especially agriculture,” said Nick Tuffley, Chief Economist at ASB.
Meanwhile, traders will await the ANZ business outlook survey due Wednesday.
The material has been provided by InstaForex Company – www.instaforex.com