NZ dollar gains vs yen after failed North Korea missile test; dairy auction looms

Mon, 17 Apr 2017

By Jonathan Underhill April 18 (BusinessDesk) - The New Zealand dollar rose against the yen as tensions over the Korean peninsula failed to rattle financial markets and measures of risk appetite improved. The kiwi dollar rose to 76.39 yen as at 8am in Wellington from 76.05 yen late yesterday and from 76.19 yen last Thursday, before the four-day Easter holiday. The local dollar slipped to 70.08 US cents from 70.22 cents yesterday to be little changed from 70.02 cents last Thursday. US stocks rose and the VIX fell to its lowest in almost...

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