NZ dollar sticks to a tight range ahead of 2Q GDP data

Wed, 19 Sep 2018

By Rebecca Howard Sept. 19 (BusinessDesk) - The New Zealand dollar traded in a tight range as investors await tomorrow's gross domestic product data for any signs of weakening growth that could pave the way for a rate cut by the central bank. The kiwi traded at 65.94 US cents at 5pm versus 65.84 US cents at 8am and 65.90 cent yesterday. The trade-weighted index was at 71.51 from 71.57. Global risk appetite improved after more moderate tariffs than expected were imposed in the latest round of the US-China trade stoush. But the domes...

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