Tag Archives: uk market

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…

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Euro hits one-month low against dollar

Posted on April 20, 2009 by admin

The CBI has predicted the UK economy will contract by 3.9% in 2009, more than twice the amount predicted by Alistair Darling late last year. The euro has reached a one month low against the dollar amid concerns that the…

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Sterling gains on Euro

Posted on April 17, 2009 by admin

Better than expected jobless data in the US yesterday bolstered investor hopes of a tentative stability in the world’s largest economy. While economic data continues to be mixed, there is growing evidence the rate of decline is slowing in the…

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