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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 »

Mario Draghi: the closest thing the Eurozone has to a leader?

Who leads the Eurozone? Having “saved” the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why that is, and why it’s less than ideal.

January 11th, 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 »

Signs of Chinese recovery lift the euro

It’s been one of those weeks in which the gap between the world of foreign exchange, filled with shifting economic trends and global data, and the real world, which rarely changes, has seemed especially large.

November 23rd, 2012 | Posted in Expats | Read More »

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