August 2011 Archive

Stock markets in Germany in Freefall

Foreign Exchange Overnight/Morning Ranges: Currency Rates EUR/USD 1.4382-1.4452 Currency Rates GBP/USD 1.6280-1.6340 Currency Rates GBP/EUR 1.1289-1.1322 German GDP growth came to a near standstill as stock markets in Germany fell by 4% in just 15 minutes ...

Retirement dream to the U.S.A could turn into a nightmare

Spanish villas are a popular retirment choice for UK pensioners Retiring abroad is a dream for many British pensioners, with Spain, Australia and the U.S.A at the top of the list ...

UK Heading for Further Economic Problems in Wake of Riots

The UK economy may have been destabilised by the recent riots The news surrounding recent riots which hit the streets of the UK’s capital have been virtually impossible to miss. However, ...

Gold declines by 5% wiping millions off investors

Foreign Exchange Overnight/Morning Ranges: Currency Rates EUR/USD 1.4389-1.4474 Currency Rates GBP/USD 1.6359-1.6397 Currency Rates GBP/EUR 1.1318-1.1369 Gold declines by 5% wiping millions off investors looking for a safe investment leaving investors struggling to balance ...

Positive Growth Predicted for Rwandan Economy

Despite current economic turmoil, the Rwandan economy is estimated to experience growth of seven per cent or more over the next three years. A bright future for Rwandan economy   The economy, which ...

Euro zone Turmoil Afflicts German Economy

German economy starts to crack as Euro weakens The level fell from 112.9 to just 108.7 this month, putting Germany in its biggest post-war recession since the monumental collapse of ...

Foreign Exchange Rates for Today

Foreign Exchange Rates for Today are shown below are based on today’s Interbank rates at Thursday, 25 August 2011 09:58 AM. Please contact us for current live rates and an individual ...

Egyptian Economy to Benefit from Fall of Gaddafi?

With the fall of Gaddafi appearing to be imminent, experts have claimed that the change could help to strengthen the Egyptian economy by stabilising Libya. Egyptian economy ... not as stable ...

China to Allow use of Yuan by Foreign Investors

Recent announcements by China have revealed their plans to allow the use of the Yuan by foreign investors, something they hope will boost investment. Investors could soon be using yuan   The ...

France to announce reduction in government deficits

Overnight/Morning Ranges:   EUR/USD 1.4386-1.4450 GBP/USD 1.6476-1.6513 GBP/EUR 1.1421-1.1457 French Prime Minister Francois Fillon will today announce its first steps in an attempt to reduce government deficits, as signs develop that their economy is slowing he ...

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