NZ dollar jumps to almost 2-week high vs. Aussie after weak jobs data

Thu, 13 Feb 2014

By Jonathan Underhill Feb. 13 (BusinessDesk) - The New Zealand dollar rose to the highest in almost two weeks against the Australian dollar after figures showed Australia’s jobless rate climbed to a 10-year high last month and that economy shed jobs. In New Zealand dollar jumped to 92.91 Australian cents from 92.03 Australian cents at the start of the day. It fell to 83.11 US cents from 83.15 US cents at 8 am and from 83.46 cents yesterday. Australian government figures showed the unemployment rate climbed to 6 percent last month, beating ec...

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