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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 »

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 »

US dollar loses out after ECB unveils its rescue scheme

The US dollar was the biggest loser last week, shedding almost 1.00% against the UK pound and euro, and continuing a trend that started in early August.

September 10th, 2012 | Posted in Expats | Read More »

Euro slides as ECB disappoints

ECB president Mario Draghi promised to do “whatever it takes,” to secure the euro, assuring his audience, “believe me, it will be enough.” Yet, when push came to shove, the Italian banker actually had very little to back up his big words.

August 3rd, 2012 | Posted in Expats | Read More »

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