NZ dollar rebounds after mixed messages on US-China trade deal

Tue, 23 Jun 2020

The New Zealand dollar ended a roller-coaster day with trading roiled by a White House spokesman appearing to say the US-China trade deal was over and then recovering once US President Donald Trump tweeted that the deal was intact. The kiwi was trading at 64.71 US cents at 5pm from 64.29 cents at the same time yesterday. The local currency traded as high as 64.97 US cents just before lunchtime locally when Trump's trade adviser Peter Navarro told Fox News the deal was over and that the “turning point” came when the US learned about the co...

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