Kiwi loses ground as US trade deal boosts Canadian dollar

By Rebecca Howard
Oct. 1 (BusinessDesk) - The New Zealand dollar fell against a stronger Canadian dollar after news that a tentative new North American free trade deal had been reached.
The kiwi traded at 84.86 Canadian cents at 5pm in Wellington, down from around 85.35 Canadian cents at 8am and a similar level last Friday. It was at 66.14 US cents from 66.16 US cents last Friday in New York.
The Canadian dollar got a lift from the new agreement, dubbed the US-Mexico-Canada agreement or USMCA.
"The deal looks better for Canada than...
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