The New Zealand dollar declined in volatile trading as improving US economic data before this week’s Federal Reserve meeting spurred some investors to increase their bets that the central bank may start to reduce stimulus in the world’s largest economy. The kiwi slid to 79.90 US cents from 80.80 cents at 5pm yesterday. In the past 24 hours, the local …

Wall Street advanced, though gave up some of its earlier gains, following a Financial Times report that US Federal Reserve Chairman Ben Bernanke will signal the central bank is close to easing its US$85 billion-a-month bond-buying program. In late afternoon trading in New York, the Dow Jones Industrial Average rose 0.41 percent, the Standard & Poor’s 500 Index advanced 0.31 …

The New Zealand dollar may advance this week as signs of an improving local economy boost demand for the local currency while a continuation of economic stimulus in the US debases the greenback. The New Zealand dollar may trade between 78.50 US cents and 82.50 cents this week, with a positive bias, according to a BusinessDesk survey of 10 traders …