NZ dollar edges higher on US-China peace offerings

Thu, 12 Sep 2019

By Jenny Ruth Sept. 12 (BusinessDesk) - The New Zealand dollar firmed after both the United States and China each offered goodwill gestures ahead of talks aimed at ending the trade war. The kiwi was trading at 64.34 US cents at 5pm in Wellington from 64.15 at 7:50am while the trade-weighted index was at 71.41 points from 71.31. Through this week, the currency has broadly traded between 64.10 and 64.40 cents, says Mike Shirley, a dealer at Kiwibank. "This afternoon, it's been positivity on the China trade front," Shirley says. Fir...

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