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US dollar to euro hits 2-month high, as US spending cuts kick in

The US dollar has hit its highest rate against the euro since early January, as investors seek refuge from US spending cuts in the greenback, and Italy flounders following its election.

March 2nd, 2013 | Posted in Expats | Read More »

Euro wobbles as ECB hints at intervention to curb its strength

Last week, following the euro’s stellar gains in January, I asked the question, how high will the euro rise? Well, this week it seems we have an answer, as the euro not only stabilises but actually falls against the pound and US dollar.

February 9th, 2013 | Posted in Expats, Spain News | Read More »

Euro climbs as Eurozone banking supervisor agreed

The euro gained against the pound and US dollar this week, reversing all of last week’s losses, as Eurozone leaders agreed a single banking supervisor for the currency zone.

December 14th, 2012 | Posted in Expats, Spain News | Read More »

Euro rally ends as ECB hints at rate cut

The euro’s six-week rally against the pound and US dollar has come to an unceremonious end, as the European Central Bank hints it might cut interest rates below 0.75% in 2013.

December 8th, 2012 | Posted in Expats | Read More »

Euro unchanged on Sandy, presidential election

Uncertainty over the impact of Hurricane Sandy and the US presidential election led investors to hedge their bets this week.

November 2nd, 2012 | Posted in Expats | Read More »

Euro gains as Rajoy’s waiting game pays off

The euro continued its slow ascent against the pound and US dollar this week, bouncing back ever since its July nadir of 1.20 against the greenback.

October 19th, 2012 | Posted in Expats | Read More »

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