Kiwi dollar faring better amid Trump’s trade war uncertainty

The question is whether Trump will blink. (Image: Getty)

Tue, 18 Mar 2025

The New Zealand dollar is reaping the benefits of an abrupt turn in sentiment toward the greenback, which is unlikely to change unless US President Donald Trump calls off the trade war. Stocks on Wall Street and Europe showed some signs of life after last week’s sell-off, which was fueled by fears of a US recession, but Macquarie analysts warned that the reprieve may be short-lived.“Unless Trump blinks, we see the current correction turning into a bear, as his policies drive slower growth in US real consumer spending,” t...

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Markets

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