Foreign Exchange News 8 September 2010
Overnight, higher-risk currencies took a dive alongside US and European stocks.
Renewed fears about the health of the European financial system helped drive down the euro almost 2% against the yen and the greenback.
The pound and Kiwi exchange rate also fell against the latter two currencies, albeit at a less dramatic pace.
The Australian dollar finished the overnight international session down 1% to 76.35 yen, and slipped 0.7% to 91.07 US cents.