NZ dollar falls as US-China trade tensions dominate, US inflation data looms

NZ dollar falls as US-China trade tensions dominate, US inflation data looms

By Jonathan Underhill July 12 (BusinessDesk) - The New Zealand dollar fell amid expectations China will retaliate for the latest tariffs the US has announced on Chinese imports, which has weighed on prices of commodities and commodity-linked currencies. The kiwi fell to 67....

NZ dollar falls below 68 US cts as markets respond to US-China trade standoff

NZ dollar falls below 68 US cts as markets respond to US-China trade standoff

By Jonathan Underhill July 12 (BusinessDesk) - The New Zealand dollar fell below 68 US cents on heightened trade tensions between the US and China, which weighed on commodity-related currencies. The kiwi dropped to 67.63 US cents as at 8am in Wellington from 68.09 cents lat...

NZ dollar sinks, may fall below 68 US cents, on Trump's latest tariffs, possible China response

NZ dollar sinks, may fall below 68 US cents, on Trump's latest tariffs, possible China response

By Jonathan Underhill July 11 (BusinessDesk) - The New Zealand dollar fell after the US unveiled a list of US$200 billion of Chinese imports facing a new 10 percent tariff prompting China to say it will be forced to retaliate and revive fears of a trade war. The kiwi traded...

NZ dollar holds near 2-week high, helped by record short positions, better risk sentiment

NZ dollar holds near 2-week high, helped by record short positions, better risk sentiment

By Jonathan Underhill July 11 (BusinessDesk) - The New Zealand dollar traded little changed near a two-week high as record short positioning and a modest pickup in risk appetite made up for a lack of market-moving economic data or events. The kiwi dollar traded at 68.39 US...