NZ dollar treads water awaiting further coronavirus news

Mon, 10 Feb 2020

The New Zealand dollar was little changed from its New York close on Friday as investors awaited further news on the coronavirus crisis. The kiwi was trading at 64.06 US cents at 5pm in Wellington from 64.02 cents in New York while the trade-weighted index was at 71.17 from 71.21. "It's hard to get too enthusiastic about the New Zealand dollar, or any risk asset at the moment for that matter, given we're just one major coronavirus headline away from potentially having the rug pulled out," said Mike Shirley, a dealer at Kiwibank. The la...

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