NZ dollar rises as traders look ahead to US election, key data

Mon, 31 Oct 2016

By Jonathan Underhill Oct. 31 (BusinessDesk) - The New Zealand dollar gained as traders pondered the risks associated with the US election next week and awaited key data including employment, the survey of expectations and US non-farm payrolls. The kiwi traded at 71.51 US cents as at 5pm in Wellington after reaching as high as 71.67 cents in late New York trading and from 71.36 cents in Asia at the end of last week. The trade-weighted index was little changed at 77.07. The greenback weakened on Friday after the Federal Bureau of Invest...

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