NZ dollar eases as dairy prices fall, Brexit fears reignite

Wed, 18 Dec 2019

The New Zealand dollar weakened after a poor dairy auction and after British Prime Minister Boris Johnson said he didn't want any extension of post-Brexit negotiations with the European Union beyond December 2020.The kiwi was trading at 65.58 US cents at 5:05pm in Wellington from 65.68 cents at 8am. The trade-weighted index was at 72.24 points from 72.28.Although Johnson's victory in last week's election ensures Britain will formally leave the EU on Jan. 31, the transition period through next year will allow Britain and the EU to negotiate repl...

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