NZ dollar falls vs euro after ECB lifts growth forecast, poll shows Labour lead

Thu, 07 Sep 2017

By Jonathan Underhill Sept. 8 (BusinessDesk) - The New Zealand dollar fell against the euro after the European Central Bank lifted its forecast for economic growth and didn't signal any alarm about the euro's 15 percent gain against the greenback this year. The kiwi was trading at 60.16 euro cents as at 8am in Wellington from 60.39 cents late yesterday. It was at 72.33 US cents from 72.02 cents. The ECB said it is still waiting for evidence of a revival in inflation and did touch on the euro but only to refer to its volatility rather t...

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