NZ dollar weakens heading into US non-farm payroll figures

NZ dollar weakens heading into US non-farm payroll figures
Jenny Ruth
By Jenny Ruth June 7 (BusinessDesk) - The New Zealand dollar was a little weaker ahead of key US jobs data later today having gained almost a US cent during the past week. The market is also focused on whether US President Donald Trump will follow through on his threat to start imposing escalating tariffs on all Mexican imports from Monday. The kiwi was trading at 66.16 US cents at 5pm in Wellington from 66.23 at 8am and from 65.34 in New York on Friday. The trade-weighted index was at 72.60 from 72.65 this morning. Reports from Was...

More Markets

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

Protest vote against Tony Gibson
Infrastructure

Protest vote against Tony Gibson

The former Port of Auckland boss was reappointed to Marsden Maritime Holdings.

KiwiSaver shakeup in capital markets reform
Markets

KiwiSaver shakeup in capital markets reform

Listing costs may also be reduced if new plans ago ahead.