Euro Poised for Biggest Weekly Advance in Two Months

The euro headed for its biggest weekly advance in two months against the dollar before a regional report that economists said will show consumer confidence improved in September.

The shared currency was about 0.3 percent from the strongest since 2009 versus the yen amid optimism the 17-nation bloc is recovering. New Zealand’s dollar rose for a fifth day after the central bank said last week higher interest rates will probably be needed. Norway’s krone slid after the Norges Bank left borrowing costs unchanged yesterday. A gauge of Asian currencies was set for the biggest weekly gain in a year after U.S. policy makers this week refrained from cutting stimulus.