NZ dollar steady vs euro as Italy coalition talks falter, commodity prices fall

Sun, 27 May 2018

By Jonathan Underhill May 28 (BusinessDesk) - The New Zealand dollar was little changed against the euro after talks broke down on forming a new government in Italy and held steady against the greenback as oil led a decline in commodity prices on Friday. The kiwi dollar traded at 59.20 euro cents as at 8am in Wellington from 59.24 cents in late New York trading on Friday. It was at 69.20 US cents from 69.16 cents in New York while the trade-weighted index was at 72.63 from 72.62. Reuters reported that Italian President Sergio Mattarell...

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