18th May 2010
The euro slipped further against the US dollar during Tuesday mornings trading session, nearing a four year low as concerns over the euro zone debt crisis continues. Traders await the news from a meeting, taking place later today between euro zone finance ministers, which is likely to provide more details of the trillion dollar bailout [...]
13th May 2010
The euro fell to a one week low against the US dollar and fell dramatically against the Swiss franc as investors steered away from the euro currency over concerns that fiscal tightening would lead to slower European growth.
During the New York trading session, the euro fell 0.6% against the US dollar and 0.9% against the [...]
10th May 2010
Sterling continued to rise against the US dollar during Monday’s trading, after the Bank of England announced that it was keeping interest rates at their record low and Nick Clegg released a statement saying that decisions on power sharing talks would be concluded “as soon as possible”.
The Bank of England announced earlier in the day [...]
7th May 2010
The euro regained some ground on the yen and us dollar during Friday’s trading session after hitting a 14 month low against the greenback and its lowest position since December 2001 against the yen during Thursday’s volatile trade.
The euro rose 1 percent against the dollar and 3 percent against the yen, finishing the session [...]