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

NZX falls as Synlait and Mainfreight take hits
Markets Market Close

NZX falls as Synlait and Mainfreight take hits

Market reacts strongly to news of "challenges" at Synlait's Dunsandel plant.

Tom Raynel 30 Jul 2025
'Slow and disappointing' start to the year for Mainfreight
Markets

'Slow and disappointing' start to the year for Mainfreight

The freight and logistics firm said profits were down across its three main divisions.

Staff reporters 30 Jul 2025
Ryman toils to rebuild shareholder confidence
Property

Ryman toils to rebuild shareholder confidence

"When is the total board going to resign?" asked one shareholder.

Gregor Thompson 30 Jul 2025
Synlait shares slump 11% even as outlook brightens
Primary Sector

Synlait shares slump 11% even as outlook brightens

The market is disappointed about manufacturing challenges. 

Rebecca Howard 30 Jul 2025