NZ dollar rallies vs greenback after Trump comments, falls vs pound on May speech

Tue, 17 Jan 2017

By Jonathan Underhill Jan. 18 (BusinessDesk) - The New Zealand dollar rose to a month-high against the greenback after US president-elect Donald Trump said the US currency was too high and fell against the pound after UK Prime Minister Theresa May said any exit from the European Union would be put to a parliamentary vote. The kiwi rose to 72.02 US cents as at 8am in Wellington from 71.14 cents late yesterday. The local currency fell to 57.99 British pence from 59 pence yesterday. May outlined a 12-point plan to leave the EU while sooth...

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