NZ dollar holds near 64 cts as soft US manufacturing counters China optimism; payrolls loom

Thu, 01 Oct 2015

By Paul McBeth Oct. 2 (BusinessDesk) - The New Zealand dollar was little changed after a weaker-than-expected US manufacturing gauge eroded and better-than-forecast Chinese industrial production data, as traders await US payrolls data which will feed into the Federal Reserve's interest rate review. The kiwi was little changed at 63.97 US cents at 8am in Wellington from 64.08 cents late yesterday. The trade-weighted index traded at 69.75 from 69.82 yesterday. The US Institute for Supply Management manufacturing index fell in September t...

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