NZ dollar gains vs Aussie on weak trade data, rises against greenback

Fri, 05 Jan 2018

By Rebecca Howard Jan. 5 (BusinessDesk) - The New Zealand dollar edged up against the Australian dollar after weaker-than-expected November trade data across the Tasman. The kiwi rose to 91.08 Australian cents as at 5pm in Wellington from 90.59 cents late yesterday. It rose to 71.58 US cents from 70.97 cents yesterday. The Aussie came under some pressure when data from the Australian Bureau of Statistics showed a seasonally adjusted deficit of $628 million in November, well below the $550 million surplus that had been expected by econ...

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