NZ dollar slips as US holiday saps trading

Mon, 10 Nov 2014

By Tina Morrison Nov. 11 (BusinessDesk) - The New Zealand dollar edged lower in quiet trading with little new economic data released and many US traders out of the market as they take a long weekend holiday. The kiwi slipped to 77.54 US cents at 8am in Wellington, from 77.87 cents at 5pm yesterday. The trade-weighted index weakened to 76.92 from 77.01 yesterday The New Zealand dollar started the week higher after the key US non-farm payrolls report at the end of last week showed employers in the world's largest economy added less jobs...

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