NZ dollar little changed after brief blip higher on payrolls report

Sun, 04 Sep 2016

By Jonathan Underhill Sept. 5 (BusinessDesk) - The New Zealand dollar begins the week little changed, having temporarily spiked higher on Friday in the US after weaker-than-expected non-farm payrolls, with the market still of the view that the Federal Reserve will raise interest rates in December. The kiwi traded at 72.81 US cents at 8am in Wellington from 72.88 cents in late New York trading on Friday. It spiked as high as 73.57 cents after the payrolls data. The trade-weighted index was little changed at 77.63, having climbed as high as...

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