Bank of England leaves easing unchanged

Source: RTTNews
© Scanpix/Reuters
The Bank of England decided to continue its monetary easing at £375 billion through the asset purchase program. Earlier, it was raised by 50 billion in July, 2012. The Monetary Policy Committee also leaved key interest rate the same at the level of 0.50%, which is the lowest since 1694 when the bank was established.
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Thu, 09 May 2013 15:20:04 GMT

Dollar rises versus Euro and Yen amid improving labour market

The U.S. Dollar increased versus the Euro and the Yen after a report showed that first-time jobless claim in the U.S. declined surprisingly to the lowest level in five years suggesting that labour market may by improving. The so-called greenback added 0.4% to $1.3099 per Euro earlier on Thursday New York session and it advanced by 0.3% to 99.30 yen.

Thu, 09 May 2013 15:42:07 GMT

Mortgage repossessions in the UK fell 17%

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