NZ dollar touches 8-year high vs. Aust. dollar before jobs data across the Tasman

Wed, 15 Jan 2014

By Paul McBeth Jan. 16 (BusinessDesk) - The New Zealand dollar touched an eight-year against its trans-Tasman counterpart ahead of Australia employment figures, which will give investors another update on how that economy is tracking. The kiwi rose as high as 93.96 Australian cents, the highest since December 2005, and traded at 93.51 cents at 8am in Wellington from 93.40 cents yesterday. The local currency was little changed at 83.32 US cents from 83.36 cents yesterday. Australia’s unemployment rate was unchanged at 5.8 percent as 7,500 j...

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