NZ dollar heads for 1.7 percent weekly gain vs. yen as polls point to new Japanese govt

NZ dollar heads for 1.7 percent weekly gain vs. yen as polls point to new Japanese govt
By Paul McBeth Nov. 23 (BusinessDesk) - The New Zealand dollar is heading towards a 1.7 percent weekly gain against the yen after polling showed Japanese voters are backing a change of government that may take a more activist role in weakening the currency, while figures point to a weakening economy. The kiwi traded at 67.10 yen at 5pm in Wellington from 67.21 yen yesterday, having touched a seven-month high yesterday. The yen is poised to weaken by 1.2 percent this week, recently trading at 82.19 yen per US dollar. Former Japanese Prime M...