NZ tad higher but rangebound, waiting for further developments

Mon, 12 Nov 2018

By Rebecca Howard Nov. 12 (BusinessDesk) - The New Zealand dollar was slightly higher against the greenback but stuck to a tight range as markets wait for further data and for developments on the trade front. The kiwi traded at 67.44 US cents at 5pm in Wellington from 67.33 US cents at 8.40 am and 67.37 cents late Friday. The trade-weighted index was at 73.83 from 73.57. Trading - normally subdued on a Monday - was even quieter ahead of the US Veterans Day Holiday where the US bond market and government offices are closed but stock ma...

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