NZ dollar falls near 3-week low ahead of ECB meeting, US jobs report looms

Thu, 04 Dec 2014

By Paul McBeth Dec. 4 (BusinessDesk) - The New Zealand dollar fell to a three-week low ahead of the European Central Bank meeting, which may see the region's central bank firm up plans for more stimulus, and as US employment numbers loom. The kiwi fell as low as 77.36 US cents, the lowest since Nov. 12, trading at 77.46 cents at 5pm in Wellington from 77.55 cents at 8am and 77.71 cents yesterday. The trade-weighted index declined to 79.08 from 78.13. The ECB is expected to keep rates unchanged when it reviews policy on Thursday in Brus...

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