NZ dollar range bound ahead of US jobs data

Fri, 08 Mar 2019

By Rebecca Howard March 8 (BusinessDesk) - The New Zealand dollar was slightly higher but stuck to a very tight range ahead of US jobs data later in the global trading day. The kiwi was trading unchanged at 67.58 US cents at 5pm in Wellington compared with 8am. It fell around 0.6 percent percent over the week. The trade weighted index was at 73.60 points from 73.55. "The kiwi really struggled in the early hours and that was really just a US dollar strength story," says Mike Shirley, senior dealer at Kiwibank. However, it bounced off a...

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