NZ dollar gets some respite ahead of US GDP data

Thu, 25 Apr 2019

By Rebecca Howard April 26 (BusinessDesk) - The New Zealand dollar firmed ahead of key data in the US after bouncing off downside support in thin, holiday-affected trading. The kiwi was trading at 66.21 US cents at 8am in Wellington versus 65.91 US cents yesterday in New York. Markets were closed in New Zealand and Australia for Anzac Day yesterday. The trade-weighted index was at 72.39 from 72.31. "The kiwi rebounded partially overnight as the recent US dollar rally took a breather. However, we maintain a downward bias for this cross...

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