NZ dollar firms as trade talks, FOMC support global outlook

Wed, 09 Jan 2019

By Gavin Evans Jan. 10 (BusinessDesk) - The New Zealand dollar rose as minutes from the Federal Reserve’s last rate-setting meeting and the conclusion of US-China trade talks left investors more confident about the global growth outlook. The kiwi was trading at 67.99 US cents at 8:30am from 67.50 cents late yesterday. The trade-weighted index rose to 73.54 points from 73.26. “Global equity markets and risk-linked currencies continue to benefit from optimism that the US and China are getting closer to agreeing a potential trade deal,” b...

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