WSJ:NZ Dollar Lower Late After Italy Downgrade, Europe Worries
WELLINGTON (Dow Jones)--The New Zealand dollar was trading lower late Tuesday after Standard & Poor's Ratings Services downgraded Italy's sovereign-debt rating.
HSBC NZ Chief Manager Daniel Brdanovic said the session had been extremely volatile with the market reacting to different headlines. He pointed to early headlines from a Greek finance ministry official saying a ...
