NZ dollar extends slide, following weaker Aussie; US payrolls awaited

Thu, 07 Dec 2017

By Jonathan Underhill Dec. 8 (BusinessDesk) - The New Zealand dollar fell, extending its slide along with the Aussie, following yesterday's weak Australian trade data, as the market looks ahead to tonight's US payrolls report and keeps a watch on US tax reforms. The kiwi declined to 68.36 US cents as at 8am in Wellington from 68.60 cents late yesterday. It traded at 90.93 Australian cents from 90.85 cents as the Aussie dollar sank to a six-month low 75.01 US cents. The kiwi was dragged lower by the Aussie after figures showed a smaller...

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