NZ dollar rises on improved China trade sentiment

NZ dollar rises on improved China trade sentiment
Jenny Ruth
The New Zealand dollar rose heading into Christmas as it continued to be buoyed by the imminent signing of a preliminary trade deal between the US and China. The kiwi was trading at 66.32 US cents at 1pm in Wellington compared with 66.06 cents at 5pm yesterday; the trade-weighted index rose to 72.95 points from 72.71. The New Zealand dollar earlier reached 66.38 cents, its highest level since July. A combination of US President Donald Trump tweeting that the trade deal will be signed "very soon" and China's announcement yesterday that it...

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