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Currency change report 15th February 2012: China supports the euro EFSF

Posted By: , 15 Feb, 2012

* Global markets report: Call us on +44 (0)20 7373 2686 or email us to info@currencychange.com – Click here to get a free quote * Open an account for free with us here: The euro rose against the dollar after People’s Bank Of China Governor Zhou Xiao Chuan said that they will participate in resolving Europe’s debt crisis. Euro-zone finance ministers canceled Brussels...

Foreign Exchange report 14th February 2012: Moody’s valentine gift to Italy one notch downgrade

Posted By: , 14 Feb, 2012

* Global markets report: Call us on +44 (0)20 7373 2686 or email us to info@currencychange.com – Click here to get a free quote * Open an account for free with us here: Moody’s downgraded Italy by one notch to A3 negative, but Italian bond auction was properly served this morning. The rating agency has also downgraded Malta, Portugal, Slovakia and Slovenia and kept the outlook to...

Money Exchange report 13th February 2012: euro slighlty higher following Greek austerity plan approval

Posted By: , 13 Feb, 2012

* Global markets report: Call us on +44 (0)20 7373 2686 or email us to info@currencychange.com – Click here to get a free quote * Open an account for free with us here: The euro is higher this morning against the dollar, following that Greek Prime minister Papademos won approval from parliament for austerity measures needed to receive a second bailout package. Euro-area finance ministers...

Money Exchange Weekly report- 3rd to 10th of february 2012: more quantitative easing in UK

Posted By: , 13 Feb, 2012

* Global markets report: Call us on +44 (0)20 7373 2686 or email us to info@currencychange.com – Click here to get a free quote * Open an account for free with us here: The Bank of England announced a third round of quantitative easing, to help the British economy. The euro has been stable against the dollar, and steling expecting the Greek decision. Have a nice...

Currency Change report 10th February 2012: extra-quantitative easing of 50 billion pounds from the BOE

Posted By: , 13 Feb, 2012

* Global markets report: Call us on +44 (0)20 7373 2686 or email us to info@currencychange.com – Click here to get a free quote * Open an account for free with us here: The Bank of England Monetary Policy Comitee announced yesterday a 50 billion pounds expansion of asset purchases, the stock of asset purchased will then be of 325 billion sterlings equivalent to 20% of UK GDP. The BOE the...