Yen under pressure, NZ dollar shines

The yen fell across the board on Thursday, plumbing to a 2-1/2 week low against the dollar as a spike in U.S. bond yields and Moody's affirming the United States' prized triple-A

UK CBI May retail sales worse than expected

British retail sales fell more than expected in May and retailers believe a further deterioration is likely next month, a survey by the Confederation of British Industry showed on Thursday. The CBI's