NZ Dollar Outlook Kiwi may fall on stronger US data; rise against Australia

Sun, 07 Oct 2012

By Hannah Lynch Oct. 8 (BusinessDesk) - The New Zealand dollar may finish the week lower against the greenback after better-than-expected US jobs data stoked bets growth in the world’s biggest economy is building momentum. It may gain against its trans-Tasman counterpart as the employment situation in Australia dims. The New Zealand dollar recently traded at 81.69 US cents from 81.60 cents at 8am in Wellington. That's right in the middle of this week's forecast trading range of between 80.40 US cents and 83 cents, according to a BusinessDesk...

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