NZ dollar becalmed as traders eye signs of slowing global growth

Mon, 11 Mar 2019

By Jenny Ruth March 11 (BusinessDesk) - The New Zealand dollar was little changed, sidelined as markets await other data to assess whether Friday’s sharply lower-than-expect US jobs numbers were an aberration or part of a broader slowdown there and in global economic activity. The kiwi was trading at 67.97 US cents at 5pm in Wellington from 67.99 at 8am; the trade-weighted index was unchanged at 73.97 points. The US economy added just 20,000 new jobs in February compared with expectations of 185,000 and well down from the bumper 311,00...

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