NZ dollar remains weak against Aussie as fears of global trade war recede

Mon, 14 May 2018

By Rebecca Howard May 14 (BusinessDesk) - The New Zealand dollar remained weak against the Australian dollar as sentiment across the Tasman was boosted by waning fears of a global trade war. The kiwi traded at 92.15 Australian cents as at 5pm in Wellington from 92.25 Australian cents as at 8 am and 92.31 cents on Friday in New York. It was at 69.61 US cents from 69.66 cents on Friday in New York. The Australian dollar benefited more than the kiwi on signs of improving US-China relations. Sentiment got a lift from news that US Presiden...

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