New Zealand dollar gains ahead of US employment, Spanish update on finances

Fri, 03 Aug 2012

By Paul McBeth Aug 03 (BusinessDesk) - The New Zealand dollar gained in local trading ahead of US jobs figures which will likely show the unemployment rate is unchanged in the world's biggest economy, and as Spain's government prepares to make a public announcement on how it's faring. The kiwi rose to 81.29 US cents at 5pm from 80.88 cents at 8am and 80.91 cents yesterday. The trade-weighted index advanced to 73.44 from 73. The New Zealand dollar is poised for a 0.6 percent weekly gain against the greenback and a 1.4 percent increase on a tr...

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