Bank of England Cuts Rates; Euro Sets New High vs
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alman
Comment by alman Nov. 14,2009
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Added April 13, 2008
paitoonrich

to paitoonrich
The Bank of England cut rates
by .25% to 5%, its 3rd move
since December. The ECB held
rates at 4%. Both the Dollar
and Pound pared earlier losses
to the Euro after falling to
record lows, respectively. The
Dollar recovered against the
Yen during NY trading as US
stocks performed well. Carry
trade pairs also rebounded.
more




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