The New Zealand dollar dropped to its lowest in almost two weeks after strong labour market data in the US boosted expectations the Federal Reserve will starting pulling back its asset purchase programme as early as September. The kiwi slipped to 76.87 US cents from 77.05 cents in late New York trading Friday, when it touched an almost two-week low …

Federal Reserve Chairman Ben Bernanke’s speech on Wednesday will be firmly on everyone’s radar for clues on the tapering of the central bank’s bond-buying program following the latest better-than-expected US employment report.) – Labor Department data showed on Friday that employers added 195,000 new jobs to their payrolls last month, comfortably beating expectations. The unemployment rate was steady at 7.6 …

The New Zealand dollar trade weighted index is heading for a 0.9 percent weekly gain as central banks in Australia and Europe kept their easing bias amid uncertain outlooks for their respective economies. The trade-weighted index rose to 74.59 at 5pm in Wellington from 74.07 yesterday, and was up from 73.89 at the start of the week. The kiwi traded …