NZ dollar heads for 0.6% weekly fall as investors wait for trade war developments

Fri, 07 Sep 2018

By Rebecca Howard Sept. 7 (BusinessDesk) - The New Zealand dollar is heading for a 0.6 percent weekly fall against the greenback as investors continued to fret about global trade tensions and await US President Donald Trump's decision on further tariffs for China. The kiwi fell to 65.79 US cents at 5pm in Wellington versus 65.88 cents at 8am and 65.84 cents yesterday. It traded at 66.18 last Friday in New York. The traded weighed index was at 71.51 from 71.59 late yesterday. Markets are poised to see whether Trump opts to impose tari...

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