The German Finance Minister Wolfgang Schaeuble has said that German resistance to common EMU government bonds might come to an end in new comments.
Following a week in which market attentions were turned to the US stimulus package, this morning the focus returns to the euro zone periphery.
currency exchange, foreign currency, foreign exchange, money transfer
This morning The Telegraph posted some unashamedly good news for people making currency transfers from the UK.
Recently the Icelandic Government has been gloating about the remarkable turnaround in Iceland’s economy.
Following US President Barack Obama’s agreement of a $1 trillion economic stimulus package with Senate Republications, the markets have become concerned that the President is not doing enough to combat the US deficit. This has been reflected in a fall in the value of the dollar in the last 24 hours. Furthermore the Obama stimulus …
currency exchange, foreign currency, foreign currency exchange, money transfer, foreign exchange
This afternoon the Bank Of England has announced that it has maintained interest rates for another month at 0.5% and made no additions to its quantitative easing program.
In the last 48 hours the situation on the world’s foreign exchange markets has almost reversed.
In the last few days negotiations have been taking place between EMU Finance Ministers and IMF Chief Dominique Strauss-Kahn to discuss the possibility of extending the ECB rescue fund. In theory this would