NZ dollar falls vs Canadian dollar after jobs report points to Canuck rate hike this week

Sun, 09 Jul 2017

By Jonathan Underhill July 10 (BusinessDesk) - The New Zealand dollar fell to its lowest level in almost two months against the Canadian dollar after figures showed the Canadian economy added more than four times more jobs than expected in June, stoking talk of a rate hike as soon as this week. The kiwi dollar traded at 93.64 Canadian cents as at 8am in Wellington, having fallen as low as 93.46 cents on Friday in New York, the lowest since May 22, down from 94.56 cents last week in Asia. The kiwi slipped to 72.70 US cents from 73.80 cent...

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