NZ dollar rises against greenback on global relief over first French vote, falls vs euro

Mon, 24 Apr 2017

By Rebecca Howard April 24 (BusinessDesk) - The New Zealand dollar ticked up against the US dollar on global relief after French centrist politician Emmanuel Macron and the far-right Marine Le Pen made it through the first round of the presidential election, although it lost ground against the euro. The kiwi rose to 70.33 US cents at 5pm in Wellington from 70.19 cents on Friday in New York and dropped to 64.76 euro cents from 65.53 cents as markets were cheered by the result in France, with Macron widely tipped to win the final vote. The...

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