NZ dollar shrugs off weak retail sales data, awaits offshore events

Mon, 26 Nov 2018

By Rebecca Howard Nov. 26 (BusinessDesk) - The New Zealand dollar is slightly higher as investors await offshore events, including a raft of US data, minutes from the US Federal Reserve and a highly anticipated meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. The kiwi traded at 67.84 US cents at 5pm from 67.73 US cents at 8am in Wellington and 67.79 cents on Friday in New York. The trade-weighted index was at 74.10, unchanged from late Friday in Wellington. The kiwi initially fell about 30 points again...

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