NZ dollar pares gains as looming RBNZ review takes sheen off jobs data

NZ dollar pares gains as looming RBNZ review takes sheen off jobs data
Rebecca Howard
By Rebecca Howard Feb. 7 (BusinessDesk) - The New Zealand dollar got a strong lift from positive jobs data but pared the gains late in the day ahead of tomorrow's Reserve Bank's monetary policy review when it may attempt to jawbone the currency lower.  The kiwi rose as high as 73.45 US cents after government data showed a lower-than-expected unemployment rate, and traded at 73.07 US cents as at 5pm in Wellington, up from 72.63 cents in Asia yesterday. The trade-weighted index was little changed at 74.79 from 74.84 yesterday. New Zealan...