PostHeaderIcon Euro Takes Lead From Stocks, Is Rally Over for Both?


 Powered by Max Banner Ads 

George Osborne says upbeat IMF backs his cuts
Chancellor buoyed by IMF’s statement backing his ‘strong and credible’ deficit reduction plan for ‘on the mend’ economy George Osborne tonight seized on the International Monetary Fund’s upbeat assessment of the UK as an economy “on the mend” to underline the need for next month’s tough austerity package. The chancellor said a report by the fund showing that the UK needed a dose of belt …

Read more on Guardian Unlimited

Euro Takes Lead From Stocks, Is Rally Over for Both?
The EUR/USD traded within a tight range most of the day despite a rise in Irish and Portuguese yields. Equity markets also ended lower on the day as markets were reminded that risks remain for the global financial market.

Read more on Daily FX via Yahoo! Finance

Leave a Reply

Powered by Yahoo! Answers