NZ dollar falls against Aussie on strong jobs data across Tasman

Thu, 19 Jul 2018

By Rebecca Howard July 19 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart after stronger-than-expected jobs data across the Tasman indicated growing momentum in the labour market. The kiwi traded at 91.41 Australian cents as at 5pm from 91.80 cents at 8am and 91.73 cents yesterday. It was at 67.82 US cents from 67.70 cents yesterday. Figures from the Australian Bureau of Statistics showed 50,900 net new jobs were added in June, well above expectations of 17,000, according to Reuters. Of those, 41,200 we...

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