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NZD weaker as fears of US slowdown ease

The New Zealand dollar fell after upbeat US data and earnings reduced concerns about a possible slowdown there and helped stoke appetite for the greenback. 

The kiwi was trading at 66.49 US cents at 7:45am in Wellington from 66.71 at 5pm yesterday. The trade-weighted index was at 72.34 points from 72.42.

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