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Kiwi in brief skid after weak jobs data, Aussie pressured by dovish RBA turn
SYDNEY: The New Zealand dollar hit a three-week low on Wednesday as weak jobs data dented market wagers on a rate rise next month, while the Aussie nursed losses after a dovish turn by its central bank boosted bets that interest rates had peaked. All eyes are on the outcome of the US midterm elections. Most polls and nonpartisan analysts expect Democrats to wrest the House of Representatives from Republicans while control of the Senate remains uncertain. The kiwi dollar fell to $0.5581 after shedding nearly 0.6% overnight, but then rebounded to be up 0.4% at $0.5612 as investors sold the US do...
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