NZ dollar gains after mixed US jobs data weighs on greenback

Sun, 04 Dec 2016

By Jonathan Underhill Dec. 5 (BusinessDesk) - The New Zealand dollar rose after US non-farm payrolls painted a mixed picture of the US labour market, with slightly fewer jobs created last month but with the unemployment rate falling to a nine-year low. The kiwi dollar traded at 71.18 US cents as at 8am in Wellington, from 71.40 cents in New York on Friday and from 70.96 cents in Asia at the end of last week. The trade-weighted index rose to 78.30 from 78 in Wellington on Friday. The US economy added 178,000 jobs last month, just shy of...

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