NZ dollar heads for 0.8 percent weekly gain ahead of US employment figures

Fri, 08 Nov 2013

By Paul McBeth Nov. 8 (BusinessDesk) - The New Zealand dollar is heading for a 0.8 percent weekly gain against the greenback as investors pause ahead of US employment figures, which is seen as a bellwether for the recovery of the world’s biggest economy. The kiwi rose to 83.29 US cents at 5pm in Wellington from 82.63 cents at the start of the week, and was little changed from 83.37 cents at 8am and down from 83.54 cents yesterday. The trade-weighted index edged down to 77.51 from 77.62 yesterday, and is poised for a 1.1 percent weekly gain...

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