NZ dollar dips below 65 US cents, recovers ahead of data, rate decisions

NZ dollar dips below 65 US cents, recovers ahead of data, rate decisions
Rebecca Howard
By Rebecca Howard Aug. 6 (BusinessDesk) - The New Zealand dollar briefly dipped below 65 US cents overnight but recovered as markets shift their attention to domestic data and a rate decision in Australia. The kiwi was trading at 65.36 US cents at 8am in Wellington from 65.21 cents at 5pm. It touched a seven-week low of 64.87 cents overnight. The trade-weighted index was at 72.67 points from 72.44. The kiwi recovered after falling on escalating US-China trade tensions but "the rebound was modest and leaves the kiwi on thin ice ahead of...

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