NZ dollar treading water; Brexit, FOMC in focus

Tue, 29 Oct 2019

The New Zealand dollar tread water early Tuesday as the market awaits further news on Brexit. The kiwi was trading at 63.45 US cents at 8am in Wellington from 63.47 cents late yesterday in New York. New Zealand markets were closed for the Labour Day holiday. The trade-weighted index was at 70.16 points from 70.12. The European Union agreed to three-month Brexit delay as UK Prime Minister Boris Johnson sought a snap election to secure a majority capable of passing the deal. Brexit can occur the first day of the month after the Withdrawal...

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