NZD remains above 66 US cents on mixed US data
Thursday, 6 June 2019, 11:11 am
By Rebecca Howard
June 6 (BusinessDesk) - The New
Zealand dollar was slightly weaker after mixed US data
overnight but remains above 66 US cents.
The kiwi was at
66.16 US cents at 7:55am in Wellington from 66.30 US cents
at 5pm in Wellington. The trade-weighted index rose to 72.66
points from 72.71.
The kiwi gained on a weaker greenback
after the latest ADP National Employment Report showed the
private sector added 27,000 jobs in May, less than the
173,000 jobs expected by economists polled by The Wall
Street Journal. However, the New Zealand dollar pared some
of its gains when the US ISM non-manufacturing index
increased to 56.9 from 55.5.