NZ dollar under pressure, range bound ahead of key events

Tue, 25 Sep 2018

By Rebecca Howard Sept. 25 (BusinessDesk) - The New Zealand dollar remained weaker against the greenback amid ongoing jitters about China-US trade tensions and as investors await key risk events - including rate decisions in the US and New Zealand - later this week. The kiwi traded at 66.37 US cents at 5pm versus 66.40 US cents at 8am in Wellington and 66.69 cents yesterday. The trade-weighted index decreased to 71.97 from 72.20. The stand-off between China and the US continued. Reuters quoted Chinese vice commerce minister Wang Sho...

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