NZ dollar benefits from strong data, trade optimism

Mon, 25 Feb 2019

By Rebecca Howard Feb. 26 (BusinessDesk) - The New Zealand dollar continues to benefit from strong retail sales data yesterday and positive headlines on the US-China trade tensions. The kiwi was trading at 68.81 US cents at 8am in Wellington from 68.63 at 5pm yesterday. The trade-weighted index was at 74.27 points from 74.15. Global sentiment got a lift when US President Donald Trump said that a trade pact could happen soon and that both sides were very close to a deal. He also said that tariffs that are due to come into effect on Mar...

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