British pound depreciates on revised country's GDP

Note: This section contains information in English only.
Source: Bloomberg
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The Sterling weakened the most in since February 22 after a data showed nation's GDP declined more than previously estimated in fourth quarter. The Pound fell 0.5% versus Euro to GBP 0.8391 and dropped 0.3% against the greenback to USD 1.5910 on Wednesday. Currently EUR/GBP is trading at GBP 0.8370 and GBP/USD is trading at USD 1.5906.

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Thu, 29 Mar 2012 06:34:13 GMT

Europe stocks lose ground on Wednesday

European shares finished lower on Wednesday as Jens Weidmann, ECB's Governing Council member pointed out stimulating the euro region's bailout funds will not end its debt woe. German DAX index dropped 1.1% to 6,998.80, FTSE 100 index fell 1% and closed at 5,808.99 while French CAC 40 index shed 1.1% to 3,430.15. Stoxx Europe 600 index also gave up 1.1%

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

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