NZ dollar rebounds amid disappointment over US-China trade deal

Thu, 16 Jan 2020

The New Zealand dollar was firmer after disappointment over the United States-China trade deal signed in Washington on Wednesday. The kiwi was trading at 66.30 US cents at 5pm in Wellington from 66.06 at the same time yesterday and at 96.02 Australian cents from 95.80 yesterday while the trade-weighted index was at 72.51 points from 72.32. The 94-page "phase one" trade deal left in place existing US tariffs on US$370 billion of Chinese imports and Chinese tariffs on US$120 billion of goods from the US until a phase two deal has been reach...

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