NZ dollar strengthens

The New Zealand dollar has risen Tuesday, trading at 66.01 US cents from yesterday’s 65.99 US cents.

According to XE’s morning update, currency markets have shown little reaction to the US China trade deal agreement and have been overshadowed by global equity markets which have surged higher.

“The key driver for the NZD during our trading day will be this afternoons ANZ business confidence data release which increased from -42.3 to -26.4.”