Kiwi edges up amid focus on Covid latest developments

The New Zealand dollar edged higher against most major currencies on Tuesday, as investors focused on the latest updates regarding the coronavirus pandemic.

Johns Hopkins University reported the the global Covid-19 death toll rose near 3 million cases.

While the World Health Organization warned about increased Covid-19 infections, and urged most governments to take all the necessary measures to cope with the third wave.

The US Food and Drug Administration called for a pause on Johnson & Johnson vaccine after six rare clotting cases were reported after taking the vaccine, which poses a danger to their lives.

Data showed that the New Zealand business confidence index rose to 13 points during March.

As of 15:44 GMT, NZD/USD rose 0.1% to 0.7038, after hitting a high of 0.7044, and a low of 0.7004.