NZ dollar holds at week-high after US jobs stoke growth optimism

Sun, 05 May 2013

May 6 (BusinessDesk) – The New Zealand dollar held at a week-high against the greenback after figures showed the US added more jobs in April and in previous months, helping lift stocks on Wall Street, commodity prices and growth-linked currencies such as the kiwi. The New Zealand dollar traded at 85.30 US cents, from 85.32 cents in late New York trading on Friday and from 85.22 cents in Wellington at the end of last week. The trade-weighted index was unchanged at 78.64, also near a week-high. Friday's US payrolls report not only surpassed ex...

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