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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 »

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 »

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 »

US dollar continues to slide on ECB and Fed stimulus

How much confidence do the markets have in the world’s central banks? A lot, if the latest changes in the exchange rates are anything to go by

September 15th, 2012 | Posted in Expats | Read More »

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