NZ dollar loses sheen as Aust growth weighs, still firm on heightened North Korean tensions

Wed, 06 Sep 2017

By Rebecca Howard Sept. 6 (BusinessDesk) - The New Zealand dollar eased slightly after economic growth across the Tasman was slightly disappointing although ongoing tensions in the Korean Peninsula kept it from losing too much ground. The kiwi traded at 72.25 US cents as at 5pm versus 72.38 US cents as at 8am in Wellington, and up from 71.69 cents late yesterday. The trade-weighted index gained to 75.42 from 74.93 late yesterday. The New Zealand dollar got a solid lift overnight after Federal Reserve governor Lael Brainard said infla...

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