NZ dollar whipped around as China retaliates to stiffer tariffs, US jobs disappoint

Sun, 05 Aug 2018

By Paul McBeth Aug. 6 (BusinessDesk) - The New Zealand dollar was largely unchanged after getting whipped around by China's response to stiffer US tariffs and after American jobs growth was weaker than expected. The kiwi traded at 67.39 US cents as at 8am in Wellington from 67.41 cents on Friday in New York and 67.32 cents in Asia last week. The trade-weighted index was almost unchanged at 72.69 from 72.67 last week. The local currency climbed almost half a US cent on Friday night after US non-farm payrolls showed 157,000 jobs were a...

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