NZ dollar holds gains; Wednesday's CPI in focus

Mon, 15 Apr 2019

By Rebecca Howard April 16 (BusinessDesk) - The New Zealand dollar continues to hold its gains as optimism over the US-China trade talks supports risk appetite. The kiwi was trading at 67.72 US cents at 8am in Wellington, unchanged from 5pm. The trade-weighted index was at 73.19 points from 73.29. There were "positive noises" out of US-China trade talk negotiations overnight, as China considers reshuffling some of its tariffs off agricultural goods in order to take some pressure off US farmers, said ANZ FX/rates strategist Sandeep Pare...

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