NZ dollar weaker after greenback gains on US jobs data

NZ dollar weaker after greenback gains on US jobs data
Rebecca Howard
By Rebecca Howard April 8 (BusinessDesk) - The New Zealand dollar is weaker after US jobs data was better than expected, easing fears about a possible economic slowdown in the US.   The Kiwi was trading at 67.26 at 8am in Wellington versus 67.31 late Friday in New York.  It was at 67.54 US cents at 5pm Friday in Wellington. The trade weighted index was at 73.13 points from 73.09 points in New York.  Nonfarm payrolls increased a seasonally adjusted 196,000 in March, the Labor Department said Friday, a rebound from the 33,000 jobs added...