NZ dollar range-bound as US-China trade tensions continue

Sun, 11 Aug 2019

By Rebecca Howard Aug. 12 (BusinessDesk) - The New Zealand dollar is range-bound as trade tensions continue to drive sentiment. The kiwi was trading at 64.65 US cents at 7:50 am in Wellington unchanged from 64.65 cents Friday in New York. It was at 64.88 US cents at 5pm in Wellington Friday. The trade-weighted index was at 71.86 points from 71.87. Markets remained jittery after US President Donald Trump warned that the September round of talks between the US and China might not take place. Trump added to market fears when he said the U...

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