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The drama surrounding the Murdoch’s and the News International hacking scandal will once again steal the headlines this morning, but don’t let this distract you too much from the intensifying Euro debt crisis.
Senior market analysts are clamouring to point out that politicians dragging their heels are threatening to make this European debt crisis into a [...]

The dollar has managed to claw back some ground versus the euro, with the single currency struggling to hold a break through the $1.40 level. There were reports that automatic sell orders were also pulling the euro back towards $1.38. Speculative traders are believed to have become short dollars following the recent sell off, which [...]

Sterling was hit yesterday by new Bank of England data showing a slowdown in the UK recovery… read more