NZ dollar firms as investors await outcome of US-China trade talks

Thu, 09 May 2019

By Rebecca Howard May 10 (BusinessDesk) - The New Zealand dollar firmed on improved prospects for a deal out of US-China trade talks this week. The kiwi was trading at 65.91 US cents at 8am in Wellington from 65.72 US cents yesterday. The trade-weighted index was at 72.15 points from 71.98. Markets were weighed by escalating trade tensions overnight but sentiment got a lift when President Donald Trump reiterated a deal is still possible this week, even as he plans to raise tariffs on US$200 billion of Chinese goods within hours to 25...

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