NZ dollar falls as greenback gains on hints at tariff 'carve-outs', ECB's inflation view

Thu, 08 Mar 2018

By Jonathan Underhill March 9 (BusinessDesk) - The New Zealand dollar fell against a broadly stronger US dollar after a White House spokeswoman hinted at exemptions to US tariffs on steel and aluminium imports and after the European Central Bank said inflation in the economic bloc remained subdued. The kiwi dollar fell to 72.55 US cents as at 8am in Wellington from 72.91 cents late yesterday. The trade-weighted index slipped to 74.64 from 74.73. The US dollar index gained after a White House spokeswoman said countries including Canada...

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