The NZ dollar has a spring in its step

(Image: Getty)

Tue, 03 Sep 2024

The New Zealand dollar kicked off September with a spring in its step and looks set to push higher.The kiwi was trading at 62.41 US cents late on Monday in Wellington.While it has eased back from the 62.99 it touched late last week, it is still up more than 5% since the beginning of August.Last week’s high – in the wake of more upbeat business confidence data – was its highest level this year.More to come“The recent price action suggests that NZD/USD could see higher levels in the weeks ahead, perhaps moving towards the...

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