NZ dollar little changed as US dollar's rally pauses; gains vs. Aussie after jobs disappoint

Thu, 17 Nov 2016

By Jonathan Underhill Nov. 17 (BusinessDesk) - The New Zealand dollar was little changed against the greenback as the US dollar index reached technical resistance levels, while the kiwi extended its gains against the Aussie after weaker-than-expected jobs data. The local currency traded at 70.98 US cents as at 5pm in Wellington from 70.92 cents late yesterday and climbed to 94.92 Australian cents from 93.80 cents. The US Dollar Index reached 100.57 overnight, a level it has twice failed to break through in the past two years and was la...

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