NZ dollar falls ahead of Aussie employment data

Wed, 10 Oct 2012

By Hannah Lynch Oct. 10 (BusinessDesk) - The New Zealand dollar fell in local trading ahead of data that's expected to show Australia's unemployment rate rose to its highest level in three months. The New Zealand dollar fell to 81.64 US cents at 5pm from 82.27 cents yesterday. The kiwi fell to 79.84 Australian cents from 80.34 cents. The trade weighted index declined to 73.01 from 73.38. Australia, New Zealand's largest trading partner, will release its jobless rate on Thursday. A survey of 20 Reuters economist predicts it rose to 5.3 perc...

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