NZ dollar rises to 6-week high vs euro before ECB, gains vs greenback

Wed, 07 Jun 2017

By Jonathan Underhill June 8 (BusinessDesk) - The New Zealand dollar rose to a six-week high against the euro ahead of a European Central Bank meeting that may see hints of a move to more normal monetary policy. It rose against the greenback as testimony from former FBI Director James Comey was published. The kiwi rose to 63.84 euro cents as at 8am in Wellington, and earlier touched 64.22 cents, the highest since late April, from 63.68 cents late yesterday. It rose to 71.93 US cents from 71.69 cents. Economists are divided on whether...

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