NZ dollar firms; improved business confidence expected

Mon, 14 Jan 2019

By Gavin Evans Jan. 15 (BusinessDesk) - The New Zealand dollar firmed ahead of business confidence data today expected to show a lift in sentiment since October. The kiwi dollar, and Asian equity markets, fell late yesterday after weak December import data in China highlighted the weakness of the economy there. But early losses stabilised, with the S&P 500 stock index in the US recently down just 0.4 percent. “Moves were relatively contained and FX majors remained within the ranges set in Asian hours,” Westpac said in a note to clients...

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