NZ dollar falls after US jobs report aids greenback, Australian trade deficit widens

Thu, 07 Mar 2013

By Paul McBeth March 7 (BusinessDesk) - The New Zealand dollar fell after upbeat US private sector jobs data built up expectations for employment in the world's biggest economy and after Australia's trade deficit was bigger than forecast. The kiwi traded at 82.74 US cents at 5pm in Wellington from 82.78 cents at 8am, down from 83.29 cents yesterday. The trade-weighted index declined to 76.14 from 76.32. The Dollar Index, a measure of the greenback against a basket of currencies, rose 0.4 percent to 82.49 after figures showed US private em...

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