RESEND: NZ dollar falls as greenback recovers, markets see positives for US growth in Trump win

Wed, 09 Nov 2016

(Fixes garble in 1st paragraph) By Jonathan Underhill Nov. 10 (BusinessDesk) - The New Zealand dollar fell as the greenback recovered from an initial sell-off following Donald Trump's shock US election win as financial markets saw positives for the US economy in his promises to cut corporate tax and boost infrastructure spending, creating more American jobs. The kiwi dollar traded at 72.72 US cents as at 8am in Wellington from 73.33 cents late yesterday. It rose to 76.92 yen having tumbled to 74.66 yen against the so-called safe-haven...

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