NZ dollar dips on easing US-China tensions

Thu, 10 Oct 2019

The New Zealand dollar was slightly weaker as the greenback benefited from reduced tensions between the US and China ahead of tomorrow’s trade talks. The kiwi was trading at 62.94 US cents at 8am in Wellington versus at 63.12 cents at 5pm in Wellington. The trade-weighted index was at 70.30 points from 70.52. “Tensions between US and China appear to have eased a tad ahead of the trade talks set to resume tomorrow. China is reported to be willing to buy more agriculture goods in exchange for reduced tariffs,” said ANZ Bank agriculture ec...

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