NZ Market: NZUs cling on to NZ$26, but downside looms

Published 09:47 on March 6, 2020  /  Last updated at 09:47 on March 6, 2020  /  Asia Pacific, New Zealand  /  No Comments

NZUs closed at NZ$26 for the third straight day on Friday, but with a NZ$25 floor price still in play and the economy braced for coronavirus impact, market participants see potential downside ahead.

NZUs closed at NZ$26 for the third straight day on Friday, but with a NZ$25 floor price still in play and the economy braced for coronavirus impact, market participants see potential downside ahead.

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