NZ dollar gains vs. greenback, Australian dollar on commodity prices, ahead of US data

Tue, 03 Dec 2013

Dec. 4 (BusinessDesk) – The New Zealand dollar gained against the greenback and the Australian dollar on signs prices of the nation’s commodities remain elevated and as traders anticipate US data for clues to the end of monetary stimulus. The kiwi dollar rose to 82.54 US cents from 81.79 cents at 5pm in Wellington yesterday. It rose to 90.26 Australian cents, from 90.01 cents. Prices of dairy products, New Zealand’s biggest export, rose 3.9 percent in the GlobalDairyTrade auction overnight, the biggest gain in five months, while the ANZ Comm...

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