NZ dollar falls to three-week low

Wed, 05 Apr 2017

By Jonathan Underhill April 5 (BusinessDesk) - The New Zealand dollar fell, touching a three-week low, with traders reluctant to push the currency higher ahead of US President Donald Trump's summit with his Chinese counterpart Xi JinPing and US non-farm payrolls data on Friday. The kiwi traded at 69.72 US cents at 5pm in Wellington, having touched a three-week low of 69.65 cents overnight, from 69.87 cents late yesterday. The trade-weighted index slipped to 75.86 from 75.93. The local currency barely budged after the results of the Gl...

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