News Archive: currency

12, 2012 March:

S & P predicts end to economic crisis in Europe in 2012

The credit rating agency, Standard & Poor’s, believes that the European macroeconomic crisis will not extend beyond 2012, which will result in a “significant recovery” of European real estate markets in 2013.

06, 2012 March:

Currency Watch - Greece, Portugal & Spain are best bets for property in March

Currency Index look back at exchange rates in February, and the headlines likely to be affecting rates in March for buyers of overseas property.

07, 2012 February:

Spain still reigns for FX but transactions back to the UK rise to nearly a fifth

Whilst Spain remains the most popular destination in terms of volume of currency transactions in 2011, interestingly, the UK takes second place with 18% of transactions according to the latest data compiled by FX specialist, Currency Index.

28, 2011 October:

Video: EU leaders reach bailout agreement

A further financial crisis was hopefully averted in Europe as the European Union leaders reached a bailout agreement after a marathon brainstorming session.

27, 2011 October:

Leaders agree eurozone debt deal after late-night talks

European leaders have reached a "three-pronged" agreement described as vital to solve the region's huge debt crisis.

25, 2011 October:

Video: Finance ministers meet to discuss Euro bailout fund

European finance ministers met last Friday, followed by a meeting of ministers from all 27 European Union countries on Saturday.

08, 2011 August:

Euro up after ECB intervention

The Euro rose against the dollar this morning, after the European Central Bank (ECB) moved towards an intervention in the turbulent market. The currency saw tensions rise over the weekend, but the European markets were “pulled out of their nosedive” by the ECB’s planned action to support countries such as Spain and Italy.

18, 2011 July:

Euro, stocks decline on European crisis concerns

The euro dropped the most in a week against the dollar, Italian and Spanish bonds slumped, while shares slid on concern Europe’s debt crisis is worsening.

10, 2011 January:

Euro hits three-month low

The single currency traded at a three-month low today amidst fears individual nations will struggle to raise funds.

12, 2010 March:

Foreign mortgages currency alert

Currency exchange fluctuations have a fundamental influence on the health of the international property market, one real estate expert has commented.

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