NZ dollar firms against the Aussie heading into federal election

Fri, 17 May 2019

By Jenny Ruth May 17 (BusinessDesk) - The New Zealand dollar rose against its trans-Tasman counterpart as the market awaits the outcome of Australia’s federal election tomorrow and as trade tensions between China and the US remain top of mind among traders. The domestic currency was trading at 94.93 Australian cents at 5:05pm in Wellington from 94.79 at 8am. Another niggle is concern about the sabre-rattling in the US against Iran, including the news that National Security Adviser John Bolton had ordered the Pentagon to present options...

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