NZ dollar gains against greenback on US-China trade talks

Tue, 13 Nov 2018

By Margreet Dietz Nov. 14 (BusinessDesk) - The New Zealand dollar climbed against its US counterpart amid optimism about a revival of trade talks between the US and China, while progress in Brexit negotiations also underpinned the mood. The kiwi traded at 67.49 US cents at 8.30am in Wellington from 67.10 US cents late Tuesday. The trade-weighted index was at 73.99 from 73.97. "Renewed optimism about the US-China trade relationship has buoyed risk appetites and lifted kiwi off support," ANZ Research senior economist Liz Kendall and se...

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