NZ dollar falls on upbeat US jobs report; RBNZ survey may show waning inflation view

Sun, 06 Aug 2017

By Jonathan Underhill Aug. 7 (BusinessDesk) - The New Zealand dollar fall after US jobs growth topped 200,000 for a second straight month while locally traders are looking ahead to the Reserve Bank's survey of expectations today, which may show views on inflation are waning. The kiwi dollar traded at 73.98 US cents as at 8am in Wellington from 74.98 cents in New York on Friday and down from 74.28 cents in Asia at the end of last week. The trade-weighted index was little changed at 78.04. The US dollar index rallied after Labor Departme...

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