NZ dollar dips on signs interim US-China trade deal may be delayed

Thu, 07 Nov 2019

The New Zealand dollar dipped on news that an interim trade deal between the US and China might be delayed until December. The kiwi was trading at 63.66 US cents at 8am versus 63.72 cents at 5pm in Wellington. It touched an overnight high of 63.89 cents. The trade-weighted index was unchanged at 70.17. The mood soured after a senior official of the US President Donald Trump's administration told Reuters a meeting planned with Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussi...

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