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Kiwi follows Aussie's path down
The New Zealand dollar has fallen to US68.36c, following its Australian counterpart down after Australia's October trade surplus shrank drastically.The New Zealand dollar has fallen, extending its slide along with the Aussie, following weak Australian trade data, as the market looks ahead to a US payrolls report and keeps a watch on US tax reforms. The kiwi declined to US68.36 cents as at 8am on Friday in Wellington from US68.60c late Friday. It traded at 90.93 Australian cents from A90.85c as the Aussie dollar sank to a six-month low US75.01c. The kiwi was dragged lower by the Aussie after figures showed a ... (full story)
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