By Peter Lavelle Welcome to our account of changes in the foreign exchange rate in the last 24 hours, as well as our look ahead. In the past 24 hours: 1. The pound foreign exchange rate declined more than a … Read more
Welcome to our account of changes in the foreign exchange rates in the past 24 hours, as well as our look ahead. In a Nutshell 1. The euro remains at its lowest rate against the pound since late 2008 this … Read more
If you follow the foreign exchange rates at all, you’ll know that one of the biggest influences on the rates in recent years has been the Eurozone debt crisis. The euro has come under a lot of pressure, as doubts … Read more
In brief, the Eurozone debt crisis has had the following effects on the foreign exchange rates: 1. It has weakened the euro, as doubts about the economic stability of the Eurozone’s members, not to mention the survival of the currency … Read more
Welcome to our account of changes in the foreign exchange rate in the past 24 hours, as well as our look ahead. In a nutshell: 1. The euro could weaken in the short term, as Eurozone manufacturing continues to contract … Read more
Welcome to our account of changes in the foreign exchange market in the past 24 hours. In Short: 1. The French Presidential election could prompt euro weakness in the short term, as markets fret about the likelihood of a Francois … Read more
Welcome to our account of changes in the foreign exchange market in the past 24 hours. Talk about pain in Spain! Speculation that the Eurozone’s 4th biggest economy would need a bailout reached fever pitch last night, as yields on … Read more
Welcome to our account of changes in the foreign exchange rate over the weekend. Is Spain to follow Greece? This is the question haunting the minds of investors in foreign exchange this morning, helping to send the euro to fresh … Read more
Welcome to our account of movement in the exchange rates in the past 24 hours. Is the dragon (that is, the European debt crisis) set to re-awaken? It looks possible, as discouraging reports from Spain in particular dominate the headlines. … Read more
21 May 2012
Euro Foreign Exchange Rate Gains as Greece to Choose Austerity?
By Peter Lavelle Welcome to our account of movement in the foreign exchange rate over the weekend, as well as our look ahead. Over the weekend: 1. The euro gained back half a cent against the pound and USD, as … Read more