NZ dollar gets a lift from US-Mexico deal; focus still on China

Mon, 27 Aug 2018

By Rebecca Howard Aug. 28 (BusinessDesk) - The New Zealand dollar was higher against the greenback as risk appetite was buoyed by news the US and Mexico had agreed to a trade deal, with Canada set to rejoin the talks later in the global trading day. The kiwi traded at 67 US cents at 8am in Wellington from 66.87 US cents at 5pm in Wellington. The trade-weighted index was unchanged at 72.20. Global risk appetite got a lift when the US and Mexico reached a trade agreement that will replace a soon-to-be-terminated NAFTA bill, according t...

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