NZ dollar edges lower as markets await key US employment report

Thu, 04 Jun 2015

By Tina Morrison June 5 (BusinessDesk) - The New Zealand dollar edged lower overnight as traders await the key US non-farm payrolls employment report in anticipation a strong number could cement a September rate hike by the Federal Reserve. The kiwi slipped to 71.14 US cents at 8am in Wellington, from 71.30 cents at 5pm yesterday. The trade-weighted index was little changed at 74.47 from 74.48 yesterday. Today, the focus will be on the monthly US non-farm payrolls report, which is closely watched by the Federal Reserve as it weighs the...

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