NZ dollar slips as investors continue to digest US jobs data; RBNZ's stability report looms

Tue, 10 Nov 2015

By Paul McBeth Nov. 10 (BusinessDesk) - The New Zealand dollar slipped as investors continued to weigh up last week's strong US employment report and its impact on the track for US interest rates, and look ahead of tomorrow's release of the Reserve Bank's financial stability report. The kiwi traded at 65.29 US cents at 5pm in Wellington from 65.33 cents at 8am, down from 65.59 cents yesterday. The trade-weighted index declined to 71.35 from 71.66 yesterday. Traders are still assessing the ramifications of last week's strong US payrolls...

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