NZD below 67 US cents after US data lifts greenback

Mon, 22 Apr 2019

By Rebecca Howard April 23 (BusinessDesk) - The New Zealand dollar remained under pressure after taking a tumble on strong US data late last week ahead of the four-day Easter holiday weekend The kiwi was trading at 66.75 US cents at 8am in Wellington versus 66.65 late yesterday in New York and 67.16 US cents at 5pm Thursday in Wellington. The trade-weighted index was at 72.44, unchanged from late yesterday and down from 72.69 Thursday in Wellington. The US dollar was helped by stronger-than-expected US retail sales for March as well...

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