New Zealand Dollar Weakens on Faltering Confidence

The New Zealand dollar is heading to the lowest rate in eight weeks against the yen and losing against the greenback, as global risk aversion is damping demand for the kiwi’s high-yield profile. The New Zealand dollar started another…

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Euro Falls as Eastern European Economies Shrink

The euro is posting its worst weekly performance against the yen in two months and losing against several major currencies as more than 10 Eastern European nations will need loans to rescue their…

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Brazilian Real Rebounds on Commodities

The Brazilian high-yielding currency, declined for almost a week as concerns regarding the global rose, but today it rebounded as commodities rallied, spurring demand for the South American country’s currency. The Brazilian real had…

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