NZ dollar steady as Trump comes into focus, any gains may be capped this week

Mon, 29 Jan 2018

By Jonathan Underhill Jan. 29 (BusinessDesk) - The New Zealand dollar was little changed ahead of US President Donald Trump's first State of the Union address this week, which may clarify the administration's view on the greenback and include currency-stoking comments on his long-mooted infrastructure package. The kiwi traded at 73.33 US cents at 5pm in Wellington from 73.53 cents in New York on Friday. The trade-weighted index slipped to 74.60 from 74.71. Trump's speech to the Congress, titled "Building a safe, strong and proud Americ...

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