Ten Years Of The Euro

(c) The Financial Times 2010

• Sterling supported as Bank’s QE budget rises by £50bn February 9, 2012
  Investors await the announcement of a debt deal for Greece as well as policy calls from the central banks of the UK and eurozone […]
• Euro strengthens despite delay on Greek deal February 8, 2012
  The euro climbs against the dollar in spite of a further delay to a Greek debt deal, although investors still expect a positive outcome […]
• Euro nears six-week high February 7, 2012
  Australian dollar moves sharply higher after the Reserve Bank of Australia surprises the market by leaving its main rate at 4.25 per cent […]
• Forex bulls look to US neighbours for profit February 7, 2012
  Traders are buying the Mexican peso and Canadian dollar against the euro with the countries best-placed to gain from the a growing US economy […]
• Avoiding EM economies is the biggest gamble of all February 7, 2012
  The most likely path for unwinding global imbalances is through appreciation of emerging market currencies, writes Jerome Booth […]
• China gold imports from HK surged in 2011 February 7, 2012
  China’s gold imports from Hong Kong more than trebled in 2011 from the year before, hitting a record 428 tonnes as savers sought to hedge against inflation […]
• Japan confirms stealth intervention to limit yen February 7, 2012
  Tokyo sold Y1.02tn without warning during the first four days of November to limit the currency’s rise against the dollar […]
• Strong currencies hurt commodity producers February 7, 2012
  Viewed from the perspective of the Aussie dollar, rand, real or rouble, the markets are moving in a different direction […]
• Australia defies expectations and holds rates February 7, 2012
  The RBA held the official cash rate at 4.25%, citing signs of improvement in the global economy, but kept monetary easing on the table […]
• Traders on alert for yen intervention February 6, 2012
  Japan knows that should it act unilaterally to prevent further currency appreciation as it did last year, it would risk upsetting the US Treasury […]