NZ dollar stalls awaiting new impetus

Tue, 26 Feb 2019

By Jenny Ruth Feb. 26 (BusinessDesk) - The New Zealand dollar is little changed as traders await further news on a number of fronts to provide reasons to move the currency. The kiwi was unchanged at 5pm in Wellington from 68.81 US cents at 8am and the trade-weighted index was at 74.32 points from 74.27. “The market is just waiting for new developments on old stories” including the China-United States trade talks, the Brexit situation and more information on how China’s economy is faring, says Peter Cavanaugh, the senior client adviser...

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