NZ dollar touches 3-week high as US inflation meets estimates, Tillerson dumped

Tue, 13 Mar 2018

By Jonathan Underhill March 14 (BusinessDesk) - The New Zealand dollar rose to a three-week high after US inflation printed in line with expectations and US President Donald Trump dumped his Secretary of State Rex Tillerson. The kiwi traded at 73.22 US cents as at 8am in Wellington, and reached as high as 73.54 cents overnight, from 73.12 cents late yesterday. The trade-weighted index was little changed at 74.99 from 74.92 yesterday. US core CPI rose 0.2 percent in February, matching economist forecasts, while the year-on-year rate of...

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