NZ dollar sticks to tight range as investors await Middle East developments

Thu, 12 Apr 2018

By Rebecca Howard April 12 (BusinessDesk) - The New Zealand dollar stuck to a tight range as global sentiment was weighed down by the threat of imminent US military action in Syria. The kiwi traded at 73.58 US cents as at 5pm in Wellington from 73.53 cents at 8am and 73.46 cents late yesterday. The trade-weighted index edged up to 75.43 from 75.28. New Zealand's currency spent the local trading session in a 24 basis point range after investors were rattled by US President Donald Trump declaring that missiles “will be coming” in Syria a...

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