The New Zealand dollar remained on the back foot over the weekend as falling stock markets and more gloomy economic news kept investor risk aversion high. Read more

The pound was sluggish against the single currency yesterday, after official data in the UK revealed that state debt, including estimates for the liabilities of recently nationalised banks, has jumped to £2.2 trillion – equivalent to around 150% of G… Read more

Sterling initially struggled yesterday following an unsourced report in The Daily Telegraph of the risks to Britain's AAA credit rating, but the pound still finished the day higher against the euro. Read more

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