NZ dollar holds above 63 US cents after US jobs data

Mon, 07 Oct 2019

The New Zealand dollar held above 63 US cents after US employment data weighed on the greenback overnight Friday. The kiwi was trading at 63.08 US cents at 7:55 am in Wellington from 63.16 US cents late Friday in New York. The trade-weighted index was at 70.50 from 70.44. The US unemployment rate declined to 3.5 percent in September, and total non-farm payroll employment rose by 136,000, the US Bureau of Labor Statistics reported. The unemployment number was the lowest since 1969, it said. The growth in non-farm payrolls, however, was...

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