NZ dollar falls vs Aussie on early signs of moderation in US-China trade war

Tue, 18 Sep 2018

By Paul McBeth Sept. 19 (BusinessDesk) - The New Zealand dollar fell against its trans-Tasman counterpart as investors were buoyed by more moderate tariffs in the US-China trade stoush. The kiwi declined to 91.22 Australian cents from 91.56 cents yesterday. It edged down to 65.84 US cents from 65.90 cents yesterday. The Australian dollar was the best-performing G10 currency overnight, recently up 0.5 percent to 72.18 US cents, as investors took heart from the US and China imposing smaller tariffs than initially feared. The US introduc...

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