NZ dollar rangebound as Brexit worries weigh, eyes on US Fed

Mon, 18 Mar 2019

By Rebecca Howard March 19 (BusinessDesk) - The New Zealand dollar was slightly weaker against the greenback but stuck in a tight range amid more Brexit turmoil and as markets await direction from the US Federal Reserve later this week. The kiwi was trading at 68.49 US cents at 8am in Wellington from 68.61 US cents at 5pm. It was at 51.67 British pence from 51.62. Markets were jittery after UK Prime Minister Theresa May was told by the Speaker of the House of Commons that any withdrawal agreement put before MPs must be substantially di...

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