NZ dollar hits fresh record vs. euro as ECB seen launching QE this week

Sun, 18 Jan 2015

By Tina Morrison Jan. 19 (BusinessDesk) - The New Zealand dollar hit a fresh record against the euro amid heightened expectations the European Central Bank will launch a quantitative easing programme at its meeting this week. The kiwi touched 67.63 euro cents over the weekend, and was trading at 67.11 cents at 8am in Wellington, from 67.40 cents at 5pm on Friday. The local currency fell to 77.64 US cents from 77.88 cents at the New York close and 78.45 cents in Wellington on Friday. The euro has weakened ahead of this Thursday's ECB me...

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