NZ dollar hovers near 69 US cents amid global trade jitters; domestic GDP looms

Wed, 20 Jun 2018

By Rebecca Howard June 20 (BusinessDesk) - The New Zealand dollar is hovering around 69 US cents as trade war jitters continue to ramp up but attention could shift to the domestic arena tomorrow if the first quarter gross domestic product data surprises. The kiwi traded at 69.01 US cents as at 5pm in Wellington versus 68.96 US cents as at 8am in Wellington and 68.83 cents late yesterday. The trade-weighted index fell to 73.33 from 73.49. Global tensions have been high since U.S. President Donald Trump threatened Monday to hit $200 bi...

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