Will they won’t they?

Will they won’t they? The EUR dipped in late afternoon trading yesterday as confusion and uncertainty remains on whether a comprehensive plan will be announced to resolve the debt crisis at the EU summit on Sunday. Germany and France are trying to downplay expectations saying that there is no quick fix and that final decisions [...]

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Thousands of Farmers gambling with exchange rate

THOUSANDS of farmers this year are expected to lose a large percentage of the profit by leaving themselves exposed to significant financial losses because they have not protected properly against foreign exchange movements. A farmer converting a subsidy of €100,000 into sterling in December 2010 would have received £86,210 yet this would have dropped by [...]

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Thomson Reuters leaving foreign exchange (FX)

The Eikon platform upgrade with new trade capabilities is to be the new trading platform for foreign exchange options due to Thomson Reuters exit of the foreign exchange options matching business. Thomson Reuters is to leave the foreign exchange (FX) options interbank matching business in a strategic decision aimed at diverting more resources to the development [...]

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Exchange Rate pushes people to buy Italian homes

People looking to buy property abroad should look at alternatives to the usual Spain and French property purchases with people monitoring the exchange rates to spend on a holiday home may find Italy is an option now worth considering. Investors might find the city of Verona is the right choice for them and could find [...]

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