GBPEUR rates continued to fall yesterday as rumours spread that the Europeans could lower their interest rate further in an effort to boost growth. As regular readers will know, Europe’s banking crises seems to be getting worse, not better. This all after over 4 years of plans and discussions nothing significant has been released that [...]
GBP Euro exchange rates have moved a little against the Euro at present this morning following the Finnish election results yesterday. The result saw the “True Finns” party achieve a significant minority and they are staunchly opposed to Finnish taxpayers money being used to bail out struggling member states like Greece, Ireland, and Portugal. Whilst not [...]
The Euro has lost a little ground against the Dollar and the Pound from yesterday following portugal leeting us in on the worst kept secret and finally requesting the need for financial assistance from the EU. Trichet didnt dissapoint markets and announced a 0.25 point interest rate rise for the Eurozone but didnt give strong [...]
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