NZ dollar falls vs Aussie, recovers vs US$ out of favour ahead of CPI

Tue, 13 Feb 2018

By Rebecca Howard Feb. 13 (BusinessDesk) - The New Zealand dollar declined against its trans-Tasman counterpart and pared earlier losses against the greenback as the US dollar fell out of favour in the run-up to Wednesday's inflation release in the US. The kiwi dropped to 92.29 Australian cents at 5pm in Wellington from 92.76 cents yesterday and traded at 72.62 US cents from 72.68 cents, recovering from a dip earlier in the day. The greenback fell out of favour late in the Asian trading session as investors prepare for the US consume...

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