NZ dollar continues to weaken

An interesting week for the equity markets as slightly weaker than expected job data comes out of the United States.

Equity is also coming under pressure as the world markets are impacted by two major elections in Europe.

The election of new French president François Hollande the elections in Greece are likely to impact on markets as investors worry about the impacts, in particular Greece’s possible exit from the Euro Zone.

The New Zealand dollar is continuing to weaken, dropping against the US to 78.50 cents from 79.29 cents last night.