NZ dollar weighed by positive US manufacturing data, eyes on QSBO, RBA

Mon, 01 Apr 2019

By Rebecca Howard April 2 (BusinessDesk) - The New Zealand dollar was slightly weaker against the greenback after some positive US manufacturing data but remains above 68 cents as risk appetite picks up. The Kiwi was trading at 68.10 US cents at 8am in Wellington from 68.22 US cents at 5pm yesterday. The trade-weighed index was at 73.86 from 73.98. The US dollar got a lift when the Institute for Supply Management said its manufacturing index rose to 55.3 in March from 54.2 in the previous month. Economists surveyed by The Wall Street...

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