NZ dollar lifted as Trump predicts great deal with China

Tue, 30 Oct 2018

By Rebecca Howard Oct. 30 (BusinessDesk) - The New Zealand dollar got a lift when markets were cheered after US President Donald Trump told Fox News that he predicts a "great deal" with China on trade. The kiwi traded at 65.46 US cents from 65.27 US cents at 8am and 65.32 cents yesterday. The trade-weighted index was at 72.03 from 71.73. Risk appetite got a lift after Trump's commented that he may be more ready than China to do a deal. That helped ease concerns that the US will announce tariffs on all remaining Chinese imports by ear...

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