Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar slips as US ADP jobs report aids greenback; ECB, BOE loom
The New Zealand dollar fell back below 83 US cents after a US private sector jobs report came in stronger than expected, stoking speculation the Federal Reserve will curtail its money printing sooner than has been projected. The kiwi dollar fell to 82.81 US cents from 83.29 cents at 5pm in Wellington yesterday. The trade-weighted index eased to 76.22 from …
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