NZ dollar little changed, may rise as markets await new Trump policies

Thu, 16 Feb 2017

By Paul McBeth Feb. 17 (BusinessDesk) - The New Zealand dollar was little changed and may test new multi-month highs against the greenback as optimism about US President Donald Trump's economic policies starts to wane. The kiwi was little changed at 72.29 US cents as at 8am in Wellington from 72.25 cents yesterday. The trade-weighted was at 78.58 from 78.55 yesterday. Stocks on Wall Street fell from record highs and the US dollar index declined as investors pared their excitement over what Trump's "phenomenal" but as yet undetermined...

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