NZD/USD falls as risks of negative interest rates in New Zealand remain

The NZD/USD price is down by 0.35% even after positive economic numbers from New Zealand. The price is also reacting mildly to last week’s election. It is trading at 0.6580, which is slightly higher than the intraday low of 0.6567. New Zealand business confidence rises The New Zealand dollar is reacting to news that business leaders are getting more optimistic about the economy. According to the New Zealand Institute of Economic Research (NZIER), business confidence in the third quarter improved from -63% to -40%. The institute noted that a net 1% of all companies in the country reported robust trading