NZ dollar slips in subdued trading after Trump's tweets on Korea

Wed, 03 Jan 2018

By Rebecca Howard Jan. 3 (BusinessDesk) - The New Zealand dollar eased slightly in Asian trading in holiday-thin markets after US President Donald Trump tweeted threats to North Korea. The kiwi traded at 70.83 US cents as at 5pm in Wellington versus 71.03 cents late yesterday. The kiwi has gained in recent sessions as the prices of raw materials have lifted commodity-linked currencies. The trade-weighted index was at 73.72 from 73.88 yesterday. Mike Shirley, senior FX dealer for Kiwibank said the New Zealand dollar may have "waned sli...

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