Showing articles for October 2011

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Euro cheaper as Eurozone jobless reaches record high

31 October 2011
This morning's Eurozone unemployment figures showed the worst data in the Euro-era, with 16.2million unemployed across the 17-nation single currency area. The Euro has weakened (become cheaper) throughout the day.

Currency news this week 24 Oct 2011

24 October 2011
This weeks' headlines are likely to revolve around the Eurozone summit - and there is not much other data due out likely to affect sterling or the Euro. Elsewhere around the world we have plenty of news due out to keep the currency markets moving.

This week's calendar is as follows...

Bank of England considered more QE

19 October 2011
This morning's Bank of England minutes revealed that the new Quantitative Easing (QE) announced earlier in October was voted for unanimously. Worryingly for exchange rates...

Latest currency news this week

16 October 2011
This week we have the following data releases, all of which are likely to affect exchange rates. Check back for the latest news or call Currency Index on 0800 043 2623 for a quote on your transfer.

Sterling - Euro rate continues fall

14 October 2011
The Pound has continued to fall against the Euro, as the UK's weakening economic outlook along with the probable Euro debt crisis resolution start to affect exchange rates.
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