NZ dollar falters vs yen after US strike on Syria; payrolls loom

Fri, 07 Apr 2017

By Jonathan Underhill April 7 (BusinessDesk) - The New Zealand dollar faltered against the yen after a US missile strike against the Syrian regime, sapping risk appetite and stoking demand for safe-havens such as Japan's currency and US Treasuries. The kiwi fell to 77.05 yen at 5pm from 77.17 yen at the start of the day, leaving it little changed from 77.04 yen yesterday. The trade-weighted index was at 75.97 from 75.98 yesterday. Crude oil rose, US Treasuries rallied and the yen gained after US President Donald Trump ordered the first...

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