NZ dollar holds above 63 US cents after US jobs data

NZ dollar holds above 63 US cents after US jobs data
Rebecca Howard
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...

More Markets

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025
Smart CEO Anna Scott resigns
Markets

Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Staff reporters 02 Jul 2025