NZ dollar rangebound on weak jobs, global growth woes

Thu, 07 Feb 2019

By Rebecca Howard Feb. 8 (BusinessDesk) - The New Zealand dollar stuck to a tight range after weaker-than-expected domestic jobs figures and as global growth woes continue to weigh on markets.. The kiwi was trading at 67.54 US cents at 815am in Wellington, unchanged from late yesterday, while the trade weighted index was at 73.21 from 73.22. The kiwi took a tumble yesterday when weaker than expected employment figures revived the possibility that the Reserve Bank may cut interest rates. Risk appetite was further dented overnight whe...

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