NZ dollar hovering around 68 US cents after US jobs data, eyes on Brexit

Sun, 10 Mar 2019

By Rebecca Howard March 11 (BusinessDesk) - The New Zealand dollar continues to hover around 68 US cents after rallying on disappointing US jobs data. The kiwi traded at 67.99 at 8am in Wellington versus 68.02 late Friday in New York. It was at 67.58 at 5pm Friday in Wellington ahead of the US data. The trade weighted index was at 73.97 from 73.98 late Friday in New York. US nonfarm payrolls added 20,000 jobs in February, well below the consensus expectation of 180,000. However, the unemployment rate dropped to 3.8 percent in Febru...

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