NZ dollar sticks to tight range as markets await G7

Thu, 07 Jun 2018

By Rebecca Howard June 7 (BusinessDesk) - The New Zealand dollar stuck to a tight range against the greenback in Asian trading as markets await the upcoming Group of Seven summit followed by a raft of central bank meetings next week. The kiwi traded at 70.45 US cents as at 5pm in Wellington from 70.30 US cents as at 8 am and 70.39 cents yesterday and the trade-weighted index was little changed at 73.58. The upcoming G7 meeting on Friday and Saturday in Charlevoix, Quebec is expected to focus on U.S. tariffs on steel and aluminum import...

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