NZ dollar heading for a 3% weekly fall on North Korean worries, weak data

Fri, 11 Aug 2017

By Rebecca Howard Aug. 11 (BusinessDesk) - The New Zealand dollar is heading toward a 3 percent weekly fall against the greenback as rising geopolitical tensions continued to crimp risk appetite and weak domestic data continues to weigh. The kiwi traded at 72.73 US cents as at 5pm from 72.80 US cents as at 8:30am in Wellington from 73.09 cents late yesterday. It was at 74.98 cents in New York last Friday. The kiwi was trading at 79.23 yen from 80.44 yen, as the safe-haven yen continued to attract interest as US President Donald Trump st...

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