NZ dollar rises, tempered by Trump threat to turn army on protesters

Tue, 02 Jun 2020

The New Zealand dollar was firmer but off its highs as optimism about the global economy's recovery was tempered by US President Donald Trump threatening to use federal troops against protesters. The kiwi was trading at 62.80 US cents at 5pm in Wellington compared with 62.05 cents at the same time yesterday while the local market was celebrating the Queen's Birthday holiday. It finished in New York on Friday at 62.06 cents. Earlier, before Trump's threat, the kiwi traded as high as 63.07 US cents. The trade-weighted index was at 70.12 fro...

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