Currency Markets in the News
G-7 in Recession
December 24, 2008
Christmas Eve finds all parts of the G-7 — the United States, Euroland, Japan, Britain, and Canada — in recession. They are not alone. New Zealand, Hong Kong, Singapore, South Korea, Taiwan, Iceland, the Ukraine, Estonia and Latvia are among the bunch of other economies also in recession. With oil below $40, Russia appears a […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Early Market Closures
December 24, 2008
Markets were closed today for Christmas Eve in numerous European centers such as Germany, Spain, Italy, Sweden, Norway, Switzerland. British and French markets are shutting at 12:30 GMT and 13:00 GMT. Much of Europe doesn’t open until Monday. Early closings are also set for North America. Sterling has softened 0.4% against the dollar, which otherwise […] More
