NZ dollar holds its ground amid upbeat sentiment

Fri, 20 Dec 2019

The New Zealand dollar stuck to its new higher range as sentiment remained generally supportive in a thinning pre-holiday market. The kiwi was trading at 66.03 US cents at 5pm in Wellington from 66.07 at 8am while the trade-weighted index was at 72.66 points from 72.69. "Generally, risk sentiment in the market is fairly decent so we haven't seen it fall away. Stock markets keep making new highs," said Mitchell McIntyre, a dealer at XE. "But people are starting to leave for the year so there's no real commitment one way or the other unt...

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