NZ dollar heading for 0.6% weekly gain; US tariffs and jobs data in focus

Fri, 06 Jul 2018

By Rebecca Howard July 6 (BusinessDesk) - The New Zealand dollar is heading for a 0.6 percent weekly gain as US tariffs on China take effect and ahead of the US jobs data later in the global trading day. The kiwi traded at 68.03 US cents as at 5pm in Wellington from 67.86 US cents as at 8am in Wellington and 67.68 cents late yesterday. It was at 67.64 cents in late New York trading last Friday. The trade-weighted index rose to 72.79 from 72.44 late yesterday. US tariffs on $34 billion worth of Chinese goods kicked in on Friday and...

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