NZ dollar falls vs yen as trade war threat revives, little changed vs greenback

Sun, 08 Apr 2018

By Jonathan Underhill April 9 (BusinessDesk) - The New Zealand dollar fell against a broadly stronger yen, amid renewed tough talk on trade between the US and China which sapped risk appetite and boosted the appeal of so-called safe haven currencies. The kiwi dollar declined to 77.71 yen as at 8am in Wellington, little changed from New York on Friday and down from 77.91 yen in Asia at the end of last week. The kiwi traded at 72.68 US cents from 72.62 cents in New York. The trade-weighted index rose to 74.82 from 74.75. US President Don...

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