NZ dollar falls against Aussie after jobs data there

Thu, 17 Oct 2019

The New Zealand dollar fell against the Australian dollar after better-than-expected jobs data across the Tasman. The kiwi was trading at 92.78 Australian cents at 5pm from 92.93 cents at 7:50am after hitting an intraday low at 92.60 cents. It was largely unchanged against the US dollar, at 62.96 cents from 62.86 cents this morning. The trade-weighted index was at 69.93 points from 69.86. "The kiwi dollar has been a bit of a bystander today – the focus of the day was the Australian jobs data," says Michael Johnston, a dealer at XE. The...

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