NZ dollar falls amid uncertainty over US-China trade war

Wed, 28 Aug 2019

By Jenny Ruth Aug. 28 (BusinessDesk) - The New Zealand dollar fell amid continuing negative sentiment over the US-China trade war and possibly on corporate flows, although dealers were mystified what they could be. The kiwi was trading at 63.34 US cents at 5:05pm in Wellington, just above the day’s low at 63.22 cents, its lowest level since January 2016, and from 63.64 cents at 7:55am. The trade-weighted index was at 70.76 from 71.03. Sentiment is already nervous and uncertain in reaction to the escalating tensions between the US and C...

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