NZ dollar gains vs euro after German election, falls vs yen on Korea tensions

Mon, 25 Sep 2017

By Jonathan Underhill Sept. 26 (BusinessDesk) - The New Zealand dollar rose against the euro on speculation German Chancellor Angela Merkel will have a difficult time forming a coalition after winning a fourth term in office and fell against the yen on heightened Korean peninsula tensions. The kiwi traded at 61.33 euro cents as at 8am in Wellington from 60.80 cents late yesterday. It fell to 81.11 yen from 81.40 yen. The kiwi was little changed at 72.66 US cents from 72.54 cents. Merkel is seen struggling to form a coalition, creating...

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