NZ dollar maintains gains amid mixed US economic, trade signals

Wed, 27 Nov 2019

The New Zealand dollar held its gains amid mixed economic signals in the US and tentatively positive signs on US-China trade talks. The kiwi was trading at 64.26 US cents at 8am, barely changed from 64.21 cents at 5pm in Wellington. The trade-weighted index was at 71.20 from 71.15. The New Zealand dollar held gains made on yesterday’s stronger-than-expected September-quarter retail sales data. More phone discussions between the main US-China trade negotiators, and weaker than expected consumer confidence in the US weren’t enough to shift...

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