Showing articles for September 2011

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German parliament supports Greece bailout

29 September 2011
As international auditors arrive in Greece to assess the extent of the country's debt problems, Germany's parliament has this morning approved new powers for the Eurozone's crisis fund...

Pound, Euro both steady as rescue plan is discussed

27 September 2011
As markets await news from Eurozone officials on a renewed strategy to help Europe's ailing banks, the Euro has remained relatively stable against sterling, with relatively good rates available for sending payments in Euros...

Currency news this week 26 Sep 2011

26 September 2011
As we approach the end of September, there is not a huge amount of news scheduled for release this week. The ongoing sovereign debt problems around the world may be more significant than any individual data releases...

Sterling falls on Bank of England minutes

21 September 2011
The Pound has fallen this morning, as the Bank of England minutes revealed that all 9 committee members voted for interest rates to remain on hold, with 1 vote to increase Quantitative Easing (QE).

Currency news out this week

18 September 2011
This week's economic calendar is as follows - we have the Bank of England minutes on Wednesday which will reveal how close we were to seeing more Quantitative Easing this month. This is likely to be the main news for sterling this week, but with data out all round the world, check back for the latest news during the week.
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