NZ dollar weaker but back above 65 US cents after mixed US data

NZ dollar weaker but back above 65 US cents after mixed US data
Rebecca Howard
By Rebecca Howard May 31 (BusinessDesk) - The New Zealand dollar was weaker early but did pare some losses on a slighty softer greenback after mixed US data, including weaker-than-expected inflation.   The kiwi was trading at 65.06 US cents at 8:10am in Wellington versus 65.25 US cents at 5pm in Wellington. It touched an overnight low of 64.93 US cents. The trade-weighted index was at 71.80 points from 71.98. The kiwi lifted back above 65 US cents on continued weakness in US inflation as it "will bolster some calls for a rate cut from...

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