NZD weaker as greenback gains on news US-China trade talks to recommence

NZD weaker as greenback gains on news US-China trade talks to recommence
Rebecca Howard
By Rebecca Howard July 24 (BusinessDesk) - The New Zealand dollar fell after the greenback got a lift from news that US trade negotiators will head to China to recommence trade talks. The kiwi was trading at 67.02 US cents at 8am in Wellington from 67.31 at 5pm.  The trade-weighted index eased to 73.42 points from 73.66. US trade negotiators will head to China for face-to-face talks as the world’s two largest economies try to strike a deal, sources told CNBC. The U.S. officials will travel to China for discussions sometime between F...

More Markets

Fonterra leads NZ sharemarket rise
Markets Market Close

Fonterra leads NZ sharemarket rise

The NZX 50 grew by 0.15% to 12,480.05 as Fonterra performed well.

Tom Raynel 26 Jun 2025
NZ sharemarket flat despite export growth
Markets Market close

NZ sharemarket flat despite export growth

The NZ sharemarket dipped as Fletcher Building shares fell further.

Tom Raynel 25 Jun 2025
FMA to focus on private market offers
Markets

FMA to focus on private market offers

The FMA is worried about unsophisticated investors taking the bait.

Pattrick Smellie 25 Jun 2025
Xero splashes $4.1b for 'step-change' US acquisition
Markets

Xero splashes $4.1b for 'step-change' US acquisition

Buying Melio gives Xero a leg-up in the crucial US SME market.

Pattrick Smellie 25 Jun 2025