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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 »

How high will the euro climb?

Well, isn’t 2013 turning out interesting? Far from the continuation of the debt crisis that some people feared, we’re seeing confidence return to the Eurozone in waves, with a corresponding surge in the value of the euro.

February 3rd, 2013 | Posted in Expats | Read More »

Pound falls as UK faces triple-dip recession

The possibility of a triple-dip recession in the UK forced the pound down against both the euro and US dollar this week, putting an end to three weeks of gains against the common currency.

November 16th, 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 »

Pound hits three week high as UK expands 1.0% in Q3

The UK pound reversed a four-month decline against the euro this week, taking sterling back to a level we last saw in early October.

October 26th, 2012 | Posted in Expats | Read More »

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