NZ dollar trades in tight range as investors grow nervous over US-China trade

Sun, 10 Feb 2019

By Paul McBeth Feb. 11 (BusinessDesk) - The New Zealand dollar stuck to a tight trading range as investors remain pessimistic over the ability of US and Chinese trade negotiators to find common ground before their March deadline. The kiwi traded at 67.40 US cents at 8am in Wellington from 67.44 cents on Friday in New York and 67.50 cents in Asia last week. The trade-weighted index was at 73.11 form 73.15 last week. Investors had hoped the trade talks would make some headway last week, but that optimism was dashed when US President Do...

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