NZ dollar gains against USD as markets cheered by Brexit progress

Thu, 01 Nov 2018

By Rebecca Howard Nov. 1 (BusinessDesk) - The New Zealand dollar gained against the greenback after markets were cheered by news that the UK and the European Union may have struck a tentative Brexit deal on financial services. The kiwi traded at 65.74 US cents at 5pm in Wellington from 65.20 US cents at 8am and 65.42 cents yesterday. The trade-weighted index was at 72.21 from 72.07. British and European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, gov...

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