NZ dollar, Aussie fall after Chinese trade data disappoints

Mon, 13 Apr 2015

By Tina Morrison April 14 (BusinessDesk) - The New Zealand and Australian dollars touched their lowest levels in almost two weeks after weaker-than-expected trade data from China, the largest trading partner for both countries. The kiwi touched 74.20 US cents and was trading at 74.40 cents at 8am in Wellington, from 74.49 cents at 5pm yesterday. The Aussie touched 75.50 US cents and was recently trading at 75.91 cents from 75.85 cents yesterday. Chinese data yesterday showed export sales contracted 15 percent in March from the year ear...

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