NZ dollar holds above 83 US cents after US payrolls, other data mixed

Sun, 09 Dec 2012

Dec. 10 (BusinessDesk) – The New Zealand dollar held above 83 US cents, having rallied in New York on Friday following figures showing the US economy added more jobs than expected and the jobless rate fell. Weaker US consumer sentiment capped the gains. The New Zealand dollar fell to 83.12 US cents from 83.24 cents in late New York trading on Friday. The trade-weighted index was at 74.47 from 74.51. The US economy added 146,000 jobs in November and the unemployment rate dropped to 7.7 percent, the lowest in four years. That was partly offset...

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