NZ dollar steady as Trump scraps North Korea summit, UK retail sales jump

Thu, 24 May 2018

By Jonathan Underhill May 25 (BusinessDesk) - The New Zealand dollar was little changed against the greenback after US President Donald Trump scrapped a planned summit with North Korean leader Kim Jong Un and the US said it was considering tariffs on imports of cars and trucks. The kiwi dollar traded at 69.29 US cents as at 8am in Wellington from 69.25 cents late yesterday. The trade-weighted index was at 72.64 from 72.68. Stocks on Wall Street fell while Treasuries and gold rose after Trump scrapped what would have been the first meet...

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