Tag Archives: Other Currencies

Euro at 5 week low

Posted on April 21, 2009 by admin

The euro is sitting at a 5 week low against the US dollar this morning as the single currency continues to be plagued by uncertainty surrounding ECB strategy. Larger than expected credit write downs at Bank of America yesterday reignited…

Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged , , , , , , , , , , , , , , , , | Leave a comment

UK deficit ‘more than predicted’ – According to the Institute for Fiscal Studies

Posted on April 6, 2009 by admin

According to the Institute for Fiscal Studies, the UK’s deficit is about 2.7% more than Chancellor Alistair Darling acknowledged in the pre-Budget report. The government may have to find £39bn a year by the end of 2015/16, to plug the…

Posted in Currency News, Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged , , , , , , , , , , , , , , , , | Leave a comment

World leaders agree trillion dollar aid deal

Posted on April 3, 2009 by admin

World leaders yesterday agreed on a $1.1 trillion injection of financial aid into the global economy, with Gordon Brown claiming that the grand bargain he had brokered represented “a coming together of the world” which would speed recovery from the…

Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged , , , , , , , , , , , , , , , , , | Leave a comment