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Kiwi dollar tipped to weaken on Aust election drama
The New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.
The New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.
Fonterra says it has set a new export record, sending 2.1 million tonnes of product to market for the first time in its nine-year history.
The New Zealand dollar rose against a greenback hit by poor US jobs data, but eased against the euro and yen.
The NZ dollar is recovering this morning after a sharp fall yesterday.
The kiwi dollar is firmer ahead of the latest jobs data being released this morning.
Stocks in the US advanced as better-than-expected expansion in private-sector jobs and the nation’s services sector eased some of the recent heightened concerns.