NZ dollar mixed after strong Australian employment data

Thu, 18 Jul 2019

By Jenny Ruth July 18 (BusinessDesk) - The New Zealand dollar rose a little against the US dollar but fell slightly against the Aussie after reasonably strong jobs numbers in Australia provided no additional weight to the case for rate cuts there. The kiwi was trading at 67.39 US cents at 5pm in Wellington from 67.31 cents at 7:50am and at 95.85 Australian cents from 95.99. The trade-weighted index was at 73.64 points from 73.63. The Australian data showed the unemployment rate was unchanged at 5.2 percent in June, well above the 4.5...

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