Euro reaches record low from August 2010

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

Euro plunged most from August 2010 against the US dollar after Italian borrowing yields surged above 7%, the point at which Ireland, Greece and Portugal required international bailouts. Euro lost 2.1% reaching $1.3542 closing New York trading session with a hugest fall since previous year's August.  In the same time shared currency gave up 2% against yen closing at ВҐ105.38 

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Thu, 10 Nov 2011 07:43:24 GMT

US stocks fall as Italian yields soar

US equities plummeted on Wednesday pushing Standard & Poor's 500 Index in three-month low on concern European officials will not be able to save Eurozone as Italian bond yields reached a record. S&P 500 lost 3.7% to 1,229.10 in New York trading session, meaning that about 11 of its stocks dropped for each one that advanced on U.S. markets. Dow Jones Industrial Average slid 3.2%

Thu, 10 Nov 2011 13:17:52 GMT

British Pound to reach a monthly record high against Euro

The Pound is about to reach one-month record high against Eurozone currency. The appreciation of Pound takes place ahead of Berlusconi's budget vote and suggest British assets to be safe investment. On Nov 1 EUR/GBP reached 0.8548, the highest since Oct 4. Today the Sterling traded 0.8574 pounds per euro at 9.06 a.m London trading session.

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