NZ dollar headed for 1.7% weekly gain ahead of US-China talks

Fri, 28 Jun 2019

By Rebecca Howard June 28 (BusinessDesk) - The New Zealand dollar is headed for a 1.7 percent weekly gain as markets are positioned for good news on the US-China trade front. The kiwi was trading at 66.98 US cents at 5pm versus 67.00 cents at 8am in Wellington. It was at 65.87 cents late last Friday in New York. The trade-weighted index was at 73.04 from 73.08 this morning. US President Donald Trump and Chinese President Xi Jinping are due to sit down during the G20 summit in Osaka, Japan and there is growing optimism that the talks co...

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