The kiwi dollar was trading at US69.10c at 5pm versus US69c late on Thursday and US70.30c early on Monday. It also eased 1.3 per cent on a trade-weighed index basis over the week and was trading at 75.94. If that data is as expected or better and the Fed is "reasonably hawkish" at its rate review next week, the kiwi might fall further. However, given that the market is widely expecting a Fed rate increase and at least two more hikes this year, the kiwi is unlikely to plunge. The kiwi was trading at A91.91c versus A91.86c and at 4.7740 Chinese yuan from 4.7758 yuan on Thursday.

Source: New Zealand Herald March 10, 2017 15:56 UTC