The Markets

Kiwi falls as US blue wave falters

Wednesday 4th of November 2020

Pat Gilligan, a director at Forex, said late polls and early results favouring Democratic candidate Joe Biden had pushed the US dollar lower allowing other major currencies to climb.

The kiwi dollar hit a peak of 67.39 US cents—from 66.32 cents at 5pm yesterday—as results began rolling in at 1pm in New Zealand but quickly turned back as Trump took the lead in the must-win st...

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