NZ dollar little changed as risk sentiment improves, commodities slip

Thu, 16 Nov 2017

By Jonathan Underhill Nov. 17 (BusinessDesk) - The New Zealand dollar was little changed, having fallen to a two-week low overnight, as a measure of risk appetite improved but commodity prices fell, leaving the kiwi struggling against a mixed global backdrop. The kiwi dollar traded at 68.53 US cents as at 8:30am in Wellington, having touched 68.34 cents overnight, from 68.55 cents late yesterday. The trade-weighted index was at 72.68 from 72.70. The CRB Index of 19 commonly traded commodities fell 0.2 percent overnight while the the Ch...

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