Currencies News

Euro Rises to Two-Year High on ECB Support; Aussie Jumps on Jobs

2:13 am ET

The euro advanced to the highest in more than two years as policy makers signal support for the region’s recovery. Australia’s dollar surged and bonds dropped as employers added the most full-time jobs since 1991.

N.Z. Raises Key Rate to Become First Developed Nation to Tighten

1:16 am ET

New Zealand raised its key interest rate, the first developed nation to exit record-low borrowing costs this year, and said it plans to remove stimulus faster than previously forecast to contain inflation.

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