NZ dollar hits 2-month high as greenback slides after mixed US jobs report

Sun, 06 Mar 2016

By Tina Morrison March 7 (BusinessDesk) - The New Zealand dollar touched a two-month high as the greenback slid following a mixed report on the US jobs market. The kiwi hit 68.19 US cents, and was trading at 68.12 cents at 8am in Wellington, from 68.07 cents at the New York close and 67.48 cents at 5pm on Friday. The trade-weighted index increased to 73.07 from 72.82 on Friday. The US dollar index, which measures the greenback against a basket of currencies, sank to its lowest in more than a week after the key US non-farm payrolls repo...

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