NZ dollar heads for 0.4% weekly gain as payrolls comes into view

Fri, 02 Feb 2018

By Jonathan Underhill Feb. 2 (BusinessDesk) - The New Zealand dollar is heading for a 0.4 percent weekly gain against the greenback, which is trading around its lowest levels in more than three years against a basket of currencies. The kiwi traded at 73.63 US cents as at 5pm in Wellington from 73.66 cents late yesterday and from 73.37 cents a weak ago. The trade-weighted index was at 74.99 from 74.96 late yesterday. The US dollar index is at its lowest levels since December 2014, having weakened even in the face of a Federal Reserve co...

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