NZ dollar edges up as Trump address, Australian CPI awaited

Tue, 30 Jan 2018

By Jonathan Underhill Jan. 31 (BusinessDesk) - The New Zealand dollar rose ahead of US President Donald Trump's first State of the Union address and Australian inflation data that's expected to validate expectations of a rate hike across the Tasman this year. Sentiment was helped by Standard & Poor's affirming New Zealand's credit rating. The kiwi increased to 73.30 US cents as at 8:30am in Wellington from 73.15 cents late yesterday. The trade-weighted index advanced to 74.65 from 74.56. Trump's speech to the Congress, titled "Building...

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