NZ dollar heads for 0.7% weekly drop ahead of US jobs report, G-20 meeting

Fri, 07 Jul 2017

By Paul McBeth July 7 (BusinessDesk) - The New Zealand dollar is heading for a 0.7 percent decline against the greenback this week as investors go into a holding pattern ahead of US employment figures and the Group of 20 Nations leaders' meeting in Germany. The kiwi fell to 72.82 US cents as at 5pm in Wellington from 73.32 cents on last Friday in New York, and little changed from 72.74 cents yesterday. The trade-weighted index is largely flat at 78.32 from 78.25 a week ago and from 78.26 yesterday. Investors are awaiting US non-farm...

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