NZ dollar gains against Aussie ahead of Australian jobs data

Wed, 12 Jun 2019

By Rebecca Howard June 13 (BusinessDesk) - The New Zealand dollar gained against the Aussie ahead of jobs data due across the Tasman today. The Kiwi was trading at 94.83 Australian cents at 8:00 am from 94.50 Australian cents at 5pm. It was at 65.70 US cents from 65.69 US cents. The Aussie slipped in overnight trading and ANZ FX/rates strategist Sandeep Parekh said today's employment release will be a key driver. "A poor print will see the market increase the odds of another cut by the RBA in the near term and give more confidence...

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