NZD weaker against US but rangebound against Aussie ahead of RBA

Mon, 04 Feb 2019

By Rebecca Howard Feb. 5 (BusinessDesk) - The New Zealand dollar eased against the greenback but stuck to a tight range against the Australian dollar ahead of the Reserve Bank of Australian cash rate decision due this afternoon. The kiwi traded at 95.25 Australian cents at 8am in Wellington from 95.30 Australian cents at 5pm yesterday. It was at 68.76 US cents versus 68.92 at 5pm yesterday. The US dollar continued to gain some ground as investors took heart after strong US jobs numbers late last week and as "sentiment has been soothed...

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