Business

NZ dollar gains

The New Zealand dollar's gains were capped overnight as US President Donald Trump talked down reports he was seeking to settle a trade dispute with China and said the Asian nation remained "under pressure" to reach a deal. 

The kiwi rose as high as 65.89 US cents, trading at 65.69 cents at 8am in Wellington from 65.53 cents yesterday. The trade-weighted index edged up to 71.29 from 71.18 yesterday. 

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