Pound Drop
26. October 2010 | 00:00Pound Set for Pain as Cameron Cuts Send King to Printing Press
The only major currency rivaling the dollar’s decline since July is the pound, and foreign-exchange strategists say the worst is yet to come for Britain’s legal tender. (News Source: Bloomberg - 03:53:03)
Pound Poised to Extend Drop Versus Yen to 21-Month Low: Technical Analysis
The pound is trapped in a downtrend against the yen and is poised to weaken to the lowest level since January 2009, Gaitame.Com Research Institute Ltd. said, citing trading patterns. (News Source: Bloomberg - 00:00:36)
Grains futures jump, livestock prices mostly drop
(AP:CHICAGO) Grain futures rose Monday on the Chicago Board of Trade. (News Source: INO News - 19:59:19)
Pound May Fall on U.K. Data, Signs of Further Easing, Morgan Stanley Says
The pound may fall to 93 pence per euro should the U.K. economic recovery slow further or Bank of England policy makers signal more credit-easing measures, according to Morgan Stanley. (News Source: Bloomberg - 03:29:38)
The Million Pound Drop Live - C4, 10pm
Back in May, Kate and Andy Jackson must have been the only people to bet £400,000 on Britain’s Eurovision entrant Josh Dubovie. (News Source: Daily Mirror - 08:46:10)
Pound slumps to six month low against euro amid claims of new round of money printing
Sterling slumped to just over 1.12 euro after hitting levels not seen since April earlier this week as markets saw further money-boosting measures becoming increasing likely. (News Source: Daily Mail - 14:56:31)
Grains futures rise, livestock futures mostly drop
Grain futures rose Monday on the Chicago Board of Trade. Wheat for December delivery added 10.25 cents to $6.81 a bushel; December corn gained 11 cents to $5.71 a bushel; December oats jumped 14 cents to $3.71 a bushel; and soybeans for November delivery gained 17.5 cents to $12.17 a bushel. (News Source: Boston Globe - 16:21:42)
British Currency Heads for Weekly Drop as Investors Cut Risk Before G-20
The pound headed for its largest weekly loss against the dollar since August as investors speculated this weekend’s Group of 20 meeting may result in an accord that will support the U.S. currency. (News Source: Bloomberg - 10:44:46)
Airport presses ahead with £1 ‘kiss and fly’ tax despite MSPs’ opposition
THE controversial “kiss and fly” tax will come into force at Scotland’s busiest airport this week, as a Scotsman poll shows near unanimous opposition among MSPs to (News Source: The Scotsman - 23:17:34)
More QE in offing as pound hits a low
The pound hit a fresh six-month low against the euro yesterday as speculation mounted that the Bank of England is closing in on a fresh round of money printing. (News Source: The Scotsman: Business - 23:53:38)
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