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Kiwi may stabilise against greenback if US data points to slower recovery

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The New Zealand dollar may halt its slump against the greenback on signs the world's largest economy is not yet in a self-sustaining recovery. The kiwi, which has dropped 5.5 percent this month against the US dollar, recently bought 80.86 US cents, up from 80.76 cents at 5pm yesterday. The trade-weighted index edged up to 76.34 from 76.23 at 5pm yesterday. Investors are awaiting data ...

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