FRANCE: The New Zealand dollar edged lower overnight as traders await the key US non-farm payrolls employment report in anticipation a strong number could cement a September rate hike by the Federal Reserve.
The kiwi slipped to 71.14 US cents at 8am in Wellington, from 71.30 cents at 5pm on Thursday. The trade-weighted index was little changed at 74.47 from 74.48.
The monthly US non-farm payrolls report is released on Friday, which will be closely watched by the Federal Reserve as it weighs the likely timing of interest rate hikes this year.
Data released on Thursday showed US initial jobless claims fell by 8,000 to 276,000 in the final week of May, boosting optimism about the upcoming payrolls report for May.
