NZ dollar holds above US67c on US-China trade talks optimism

Sun, 30 Dec 2018

By Paul McBeth Dec. 31 (BusinessDesk) - The New Zealand dollar held above 67 US cents as investors grew optimistic the US and China will find common ground in addressing their trade dispute, allaying a major threat to global growth. The kiwi traded at 67.01 US cents at 8am in Wellington from 67.12 cents on Friday in New York and 67.06 cents in Asia last week. The trade-weighted index was at 73.26 from 73.37 last week. Traders are heading into the final day of the year on an upbeat note after US President Donald Trump said he had a "l...

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