NZ dollar becalmed and awaiting offshore impetus

Mon, 08 Apr 2019

By Jenny Ruth April 8 (BusinessDesk) - The New Zealand dollar was little changed after adjusting to a raft of positive news last week and with investors now awaiting further impetus from offshore. The positive news included Chinese manufacturing data rebounding back into expansionary territory, better manufacturing data from the United States and stronger-than-expected US jobs numbers. That caused the greenback to rise against New Zealand’s currency. The kiwi was trading at 67.32 US cents at 5:05pm in Wellington from 67.26 at 8am, and...

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