New Zealand Dollar

$NZ drags the $AUD


The Australian dollar opened weaker on Friday as negative sentiment from the New Zealand unit spilled over into local currency trade.

At 7am (AEDT), the local currency was trading at US73.12¢, below Thursday's close of US73.27¢.

During overnight trade, it hit a high of US73.34¢ and a low of US73.01¢.

National Australia Bank currency strategist John Kyriakopoulos said the local currency failed to cash in on a weaker US dollar, which fell against the major currencies.

Syndicate content

Recommended Websites