NZ dollar tad higher as greenback remains out of favour

Wed, 03 Jul 2019

By Rebecca Howard July 3 (BusinessDesk) - The New Zealand dollar firmed slightly as investors fret about the impact of trade tensions on global growth and look ahead to US jobs data later in the week. The kiwi was trading at 66.78 US cents at 5pm in Wellington versus 66.67 cents at 8am. The trade-weighted index was at 72.97 from 72.85. The greenback remains under pressure as investors are jittery about the impact of trade tension on global growth. However, with little data on the immediate horizon, markets will be watching for US non...

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