NZ dollar edges higher awaiting new impetus

Fri, 12 Apr 2019

By Jenny Ruth April 12 (BusinessDesk) - The New Zealand dollar was slightly higher after another day of narrow range trading as investors await any impetus to justify a decisive move up or down. The kiwi was trading at 67.37 US cents at 5pm in Wellington from 67.28 at 8am. The trade-weighted index was at 73.06 points from 73.02. Peter Cavanaugh, the senior client advisor at Bancorp Treasury Services, says the currency traded a 24-point range, a little more than other days this week. It dipped briefly after a worse than expected GDP rep...

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