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Euro rally ends as ECB hints at rate cut

The euro’s six-week rally against the pound and US dollar has come to an unceremonious end, as the European Central Bank hints it might cut interest rates below 0.75% in 2013.

December 8th, 2012 | Posted in Expats | Read More »

Signs of Chinese recovery lift the euro

It’s been one of those weeks in which the gap between the world of foreign exchange, filled with shifting economic trends and global data, and the real world, which rarely changes, has seemed especially large.

November 23rd, 2012 | 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 »

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 »

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