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Tuesday, 4 October 2011

Tuesday's Currency News, Best £ to Euro rate yet!


Euro hits fresh decade low against yen
The euro falls to a new decade low against the yen as currency markets start the new week and the fourth quarter in risk-averse mood

Brazil braces for manufacturing contraction
Figures expected to reveal impact of global slowdown and pressures such as Brazil's strong currency are taking their toll

Asian shares extend losses on Greece fears
MSCI Asia Pacific index heads for lowest close since 2009 amidst growing concerns of a Greek debt default

Mrs Watanabe brings her money back home
Seasoned Toshin investors, having looked at savings funds outside Japan, are increasingly buying into domestic assets

Conflicting signals impact currency strategies
Choppy markets have made it hard for some strategies, particularly short term trend strategies, to stay on track


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