NZ dollar firm as trade tensions ease, US data improves

Thu, 05 Sep 2019

By Rebecca Howard Sept. 6 (BusinessDesk) - The New Zealand dollar remains firm on global optimism that the US and China might reach a trade deal and after better-than-expected US data overnight. The kiwi was trading at 63.76 US cents at 7:55 am in Wellington from 63.71 cents at 5pm. The trade-weighted index was at 71.03 from 70.96. Risk appetite improved yesterday when China and the US agreed to hold high-level talks in October in Washington. It got a further boost when the Institute for Supply Management said its non-manufacturing act...

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