NZ dollar extends slide against euro, greenback as Yellen speech awaited

Thu, 26 Mar 2015

March 26 (BusinessDesk) - The New Zealand dollar extended its slide against the euro after a stronger-than-expected survey of German business confidence left traders short of the European common currency. The kiwi fell to 69 euro cents at 5pm in Wellington, from 69.87 cents at 5pm yesterday. The local currency slipped to 75.75 US cents from 76.40 cents yesterday. The euro strengthened after Germany's IFO business climate index increased for a fifth month, adding to strong manufacturing data a positive ZEW economic sentiment survey. With t...

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