NZ dollar sags under weight of coronavirus fears

NZ dollar sags under weight of coronavirus fears
Jenny Ruth
The New Zealand dollar eased further with anxiety about the coronavirus crisis all but crowding out other data investors usually focus on. That said, the New Zealand dollar was temporarily buoyed by better than expected trade data for December but all sparks were extinguished almost three hours later when poor Australian trade numbers were published. The kiwi was trading at 65.04 US cents at 5pm in Wellington from 65.33 cents at the same time yesterday. The trade-weighted index was at 71.89 from 72.04. Deaths in China from the coronavi...

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