NZ dollar up on US-China trade optimism

Wed, 03 Apr 2019

By Rebecca Howard April 4 (BusinessDesk) - The New Zealand dollar rose after positive headlines out of US-China trade talks and as weak US data weighed on the greenback. The kiwi was trading at 67.83 US cents at 8am from 67.70 US cents at 5pm in Wellington. The trade-weighted index was at 73.52 points from 73.45. Risk appetite got a lift when White House economic director Larry Kudlow told an event hosted by the Christian Science Monitor that US-China trade negotiations are “making good headway.” The " kiwi edged higher on the back...

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