NZ dollar heads for weekly decline in quiet holiday trading after better US labour market data

Fri, 27 Dec 2013

By Tina Morrison Dec. 27 (BusinessDesk) - The New Zealand dollar touched a three-week low today in subdued holiday trading as the greenback strengthens following better than expected US labour market data. The kiwi touched a low of 81.45 US cents earlier today, and was trading at 81.59 US cents at 5pm in Wellington, little changed from 81.52 cents at 8am this morning, but down from 82.02 cents at the start of the week. The US dollar advanced against commodity currencies like the kiwi and Aussie after a report yesterday showed the number of...

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