NZ dollar largely flat on the week ahead of US employment figures

Fri, 10 Jan 2014

By Paul McBeth Jan. 10 (BusinessDesk) - The New Zealand dollar is heading for a 0.3 percent dip this week as investors await the release of US employment figures, which are seen as a cue for the Federal Reserve’s view on the pace of scaling back its monetary stimulus. The kiwi traded at 82.46 US cents at 5pm in Wellington from 82.72 cents at last week’s close, little changed from 82.43 cents at 8am and 82.57 cents yesterday. The trade-weighted index slipped to 78.14 from 78.30 yesterday, and was little changed from 78.30 at last Friday’s cl...

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