NZ dollar firms as US-China tariff deadline looms

Tue, 10 Dec 2019

The New Zealand dollar firmed a little but the market is essentially holding its collective breath ahead of the Dec. 15 deadline for tariffs to kick in on the remaining Chinese exports into the US unless the two nations reach some kind of deal. The kiwi was trading at 65.64 US cents at 5:02pm in Wellington from 65.52 at 8am while the trade-weighted index was at 72.53 points from 72.40. Global markets are still banking on US and China inking a deal. Bloomberg reported US Agriculture Secretary Sonny Perdue saying Washington is unlikely to a...

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