NZ dollar firms ahead of labour market data, US midterm elections

Tue, 06 Nov 2018

By Margreet Dietz Nov. 7 (BusinessDesk) - The New Zealand dollar strengthened against the US dollar as investors eyed the latest domestic labour market data as well as the US congressional midterm elections. The kiwi traded at 66.69 US cents at 8.30am in Wellington versus 66.57 US cents late yesterday. The trade-weighted index was at 72.77 from 72.61. The first results of the closely-watched US mid-term elections, held today, will start arriving this afternoon New Zealand time. "Prediction markets suggest that the Democrats will wi...

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