NZ dollar dips from 13-day high as US holiday keeps markets quiet

Mon, 18 Feb 2019

By Paul McBeth Feb. 19 (BusinessDesk) - The New Zealand dollar slipped from a 13-day high after failing to break above 69 US cents. Trading is relatively muted with US markets closed for the Presidents' Day holiday. The kiwi fell from as much as 68.93 US cents and was trading at 68.48 cents as at 8am in Wellington from 68.83 cents yesterday. The trade-weighted index decreased to 74.30 from 74.59. European equity markets were mixed in relatively quiet trading, with Wall Street closed for the holiday. Asian markets had been buoyed on M...

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