NZ dollar eases ahead of US-China trade deal signing

Wed, 15 Jan 2020

The New Zealand dollar lost ground ahead of the expected signing of phase one of a United States/China trade deal later today. The kiwi was trading at 66.06 US cents at 5pm in Wellington from 66.24 at the same time yesterday, at 95.80 Australian cents from 96.00 and the trade-weighted index was at 72.32 points from 72.45. The New York Times is reporting that the trade deal is expected to include significant concessions to protect US technology and trade secrets, along with China's commitment to buy US$200 billion worth of American goods a...

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