NewsCase StudiesEvents

Dollar Falls Against Pound, Yen and Euro

Also in the news...

Are The New Import Embargos Of Big Importance?

Yes, they are. On August 6 and 7, Russia reacted to the sectorial EU-sanctions with an embargo on the import of food and agricultural products from the EU, USA, Norway, Canada and Australia.

195 Countries - Where to Go First? Introducing Winning Globally Chapter 2

In July, we released the first chapter of Winning Globally

Opportunities for UK oil and gas companies in Africa

UKTIís event in Glasgow during the Commonwealth Games highlighted support available to help UK business access export opportunities in east and west Africa.

Notice to Exporters

Russia added to prohibited destinations for certain licences

Accelerated Market access in sub-Sahara Africa for your company

Meet us in the UK and Germany in September 2014 for a non-binding consultation, InterGest South Africa is heading on a road-show to the UK and Germany.

Dollar Falls Against Pound, Yen and Euro

Back to News

The United States dollar fell again on Thursday, a negative forerunner to the Labour Department?s December jobs report.

RICHARD BROOKER

The United States dollar fell again on Thursday, a negative forerunner to the Labour Department?s December jobs report. Figures showed that first-time joblessness claims declined to 467,000 last week, and the total receiving unemployment benefits was up to 4.6 million.

The dollar was traded at $1.373 to the Euro at 11.30 am on Thursday, while it took Yen 91.03 to buy one dollar. Simultaneously, the Yen had the advantage on the Euro, and was traded at Yen 125.16 to the shared currency.

The pound strengthened over the dollar and Euro following an interest rate cut by thre Bank of England, down to 1.5%. The Bank also announced that it anticipated output to slowly fall during the first half of 2009, with business and consumer confidence waning. The Euro was worth 90.18p at closing, while the Pound was worth $1.5177.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.