NZ dollar weakens as US coronavirus crisis worsens

Fri, 17 Jul 2020

The New Zealand dollar was slightly weaker, remaining in the range it's languished in for more than a week, as traders eye the worsening coronavirus situation in the United States. The kiwi was trading at 65.42 US cents at 5pm in Wellington from 65.65 cents at the same time yesterday and 65.79 cents in New York last Friday. The trade-weighted index was at 72.06 from 72.22. The US reported more than 73,000 new covid-19 cases on Thursday – Reuters is reporting its own tally of the number is more than 77,000 – and the number of deaths is als...

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