NZ dollar eases after another Brexit failure

Wed, 23 Oct 2019

The New Zealand dollar eased for technical reasons and because the British parliament bucked Prime Minister Boris Johnson's desire to get his Brexit bill through the House of Commons in three days. The kiwi was trading at 63.89 US cents at 5pm in Wellington from 64.04 at 8am. The trade-weighted index was at 70.72 points from 70.80. Earlier, the market had been buoyed by Brexit euphoria "but it fails at the last hurdle, as usual," says Tim Kelleher, head of foreign exchange sales at Commonwealth Bank of Australia. It had looked like Joh...

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