NZ dollar falls vs. greenback as stocks slide, gains vs. yen on BOJ easing talk

Mon, 22 Oct 2012

By Jonathan Underhill Oct. 23 (BusinessDesk) - The New Zealand dollar fell against the greenback as a weaker earnings outlook for US companies including Caterpillar and Freeport-McMoRan Copper & Gold weighed on Wall Street. The kiwi gained against the yen on talk of Bank of Japan easing. The kiwi dollar fell to 81.59 US cents from 81.73 cents in Asia yesterday. The trade-weighted index was little changed at 72.81 from 72.83. Caterpillar, the earthmoving equipment maker, said worldwide growth was easing more than anticipated, while Freeport-M...

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