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Canadian employment likely declined in November, jobless rate to have risen to 9 pct

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NZD review: Western Union

Tuesday, February 24, 2015 5:40 PM UTC

Quotes from Western Union:

- A reduction in inflation expectations in New Zealand took a toll on the kiwi which weakened toward 2011 lows hit in early February.

- Receding inflation expectations at best reduce the chance of a Reserve Bank interest rate hike this year, while at worst open the door to an interest rate cut.

- The Aussie dollar fell in sympathy with its commodity cousin from New Zealand.

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NZD review: Western Union

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