NZ dollar eases on increasing US-China doubts, lack of news in Fed minutes

Thu, 21 Nov 2019

The New Zealand dollar eased with a lack of progress on the China-US trade talks weighing on investor sentiment generally and the latest Federal Reserve minutes adding little fresh to the global rates outlook. The kiwi was trading at 64.10 US cents at 8:20am from 64.18 US cents at 5pm. The trade-weighted index was at 70.96 points from 70.97. “Markets are seeing enough headlines to fret somewhat over the US-China phase one trade deal,’’ BNZ’s Brendan Marsh said in a client note. “The US senate’s passage of a bill showing support for Hon...

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