MoneyTransfer.co.uk

2012-10 · Currency news archive

Browse historical reporting from the Money Transfer UK newsroom.

The euro rebounds against the pound and the dollar

The euro made gains across the board yesterday after better than expected news in Greece, Spain and Italy bolstered sentiment in the euro zone. The markets remain quieter than normal as New York struggles in the…

US dollar strengthens against euro and yen

Concerns over Spain’s debt and the state of the world’s economy saw the euro, the yen and the Australian dollar fall against the US dollar in recent trading. A loss of appetite for risk has seen investors return to the…

Poor economic data sees NZ dollar drop

Disappointing economic data coming out of New Zealand has seen the NZ dollar slip against the US dollar. The currency hit a low of 0.8139 on Tuesday before clawing back to 0.8158. New Zealand’s consumer price inflation…

Euro struggles as economic growth predictions cut

Although the euro remains down against the dollar, the single currency has been able to claw itself back slightly. Ongoing problems in countries including Greece and Spain have kept the euro under pressure and an…

Australian dollar slips after cash rate cut

The Australian dollar has fallen against almost every other major currency around the globe after Tuesday’s decision by the Reserve Bank of Australia to reduce its cash rate to 3.5 per cent, a drop of 25 basis points.…

Euro down to three-week low versus dollar

The euro dropped to a three-week trough against the dollar at the beginning of the week after an audit of Spanish banks was unable to ease concerns over whether the country was set to request a bailout to bolster its…

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