NZD gains against pound on Brexit jitters, falls against USD

Thu, 04 Apr 2019

By Rebecca Howard April 5 (BusinessDesk) - The kiwi lifted against the UK pound on concerns that the Brexit situation could drag out even further but fell against the greenback ahead of key US jobs data today. The kiwi was trading at 51.75 British pence at 7:50am in Wellington from 51.51 at 5pm. It eased to 67.58 US cents from 67.85 cents yesterday. The prospect of a protracted Brexit weighed on the pound as the upper house of Britain’s parliament moves to debate legislation to force Prime Minister Theresa May to seek a delay to prev...

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