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US dollar triumphs as Eurozone bank recapitalisation agreement unravels

The US dollar has triumphed against the pound and euro this week, as a Eurozone agreement dating back to June to break the link between indebted banks and governments unravels.

October 12th, 2012 | Posted in Expats | Read More »

Hope against hope for Spain bailout aids euro

Following a fortnight in which the common currency fell against its pound and US dollar, its back up again this week, as the markets hope against hope that Spain requests a bailout.

October 5th, 2012 | Posted in Expats | Read More »

Euro continues to fall on Spanish budget, Catalonia doubts

The euro has again lost out against its main counterparts, but unlike last week, when the euro fell due to generalised nerves about the Eurozone economy, the common currency’s decline this time has a much more specific focus: namely, Spain.

September 28th, 2012 | Posted in Expats | Read More »

Violence mars Congress protest

The “Surround Congress” protest in Madrid held on September 25 culminated with violent clashes between demonstrators and police. While the government has defended the work of the police force during the protest, others, such as the Socialists and Izquierda Unida, have criticised it for acting disproportionately. A total of 35 people were arrested, with 64 injured (about half of them police).

September 28th, 2012 | Posted in Videos | Read More »

Euro good luck streak ends as Eurozone data points to recession

The euro lost out against the pound and US dollar for the first time since mid-July this week, as faltering economic conditions point to recession in the eurozone.

September 21st, 2012 | Posted in Expats | Read More »

Exchange rates in holding pattern as markets await central bank action

The euro has held more or less the same rate against the pound and US dollar for six weeks now, as the markets await ECB and Fed action. So what’s keeping them, and how will that affect you?

August 17th, 2012 | Posted in Expats | Read More »

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