Surphace | Pound sinks to record low as euro nears parity

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8 hours ago ago from Finance Host

The group NTL announced 2:00 cut other jobs in the United Kingdom , as a measure aimed at containing costs. Previously the company, struggling with debt of around 14 billion pounds, had announced cuts in the workforce to about 6,000 units. Tags: Pound , United Kingdom Related posts Pirelli useful step record (0) Lloyds: loss of $ 5.4mld after 11 weeks. (S & P) (0) Goldman Sachs remains positive about GSK (UK) (0) GlaxoSmithKline (UK) ...

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Dollar vs EURO — Weapons of Mass Destruction

9 hours ago ago from Truth is Contagious

Dollar vs EURO -- Weapons of Mass Destruction There were weapons of mass destruction in Iraq, in the form of EURO currency. The petrodollar depends upon Iraq's oil reserves to defend the United States dollar against the EURO and other currencies. In 2001, well before Iraq's invasion, the dollar faced uncertainty as an overpriced, debt heavy currency against a new and robust EURO. In early 2004, the dollar is losing ground. WRH permalink

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Forex: EUR/USD extends pick up to 1.4300

14 hours ago ago from Kangarootail.com

FXstreet.com (Barcelona) The Euro is trimming losses against the Dollar, and after breaking above the day0s range top at 1.4275, the pair has reached 1.4300 level right ahead of Wall Street session opening. In case of breaking past here, the pair could find resistance at 1.4335 (Dec 22 high), and above here, 1.4375 (Dec 21 high) and 1.4410 (Dec 18 high). On the downside, support levels lie at 1.4235 session low, and below here, 1.4215 ...

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