NZ dollar dips back below 69 US cents, focus shifting to RBNZ

NZ dollar dips back below 69 US cents, focus shifting to RBNZ
Rebecca Howard
By Rebecca Howard March 22 (BusinessDesk) - The New Zealand dollar fell back below 69 US cents after better-than-expected US data and uncertainty over US-China trade and Brexit. The kiwi was trading at 68.72 cents at 8am in Wellington versus 69.12 US cents at 5pm in Wellington. The trade-weighted index was at 74.36 from 74.58. The greenback gained some traction when the US March Philadelphia Fed index rose to 13.7 versus -4.1 in February, said ANZ Bank FX/Rates strategist Sandeep Parekh.  Appetite for riskier assets like the New Zealan...