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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: pound

pound stories: 11 news summaries

 Dollar Hits 2009 Low 

Credit rating fears send greenback falling against pound, euro

May 22, 09 6:48 AM CDT
(Newser) - The dollar fell to its lowest level of the year today as investors grew nervous that the US could lose its triple-A credit rating, Reuters reports. The greenback declined to $1.39 against the euro and $1.58 against the pound, echoing similar drops across the world. Yesterday, Moody's said... More »

MORE ABOUT:
currency • exchange rate • pound • euro • US dollar • weak dollar • Triple-A credit rating • credit rating • Jay-ZTV

Pound Craters After Latest
Grim Stats

British currency
falls to $1.56 amid recession fears

Oct 24, 08 5:08 AM CDT
(Newser) - The British economy shrank by 0.5% last quarter, all but confirming that the UK is in its first recession since 1991, reports the Times of London. The decline is greater than expected, and this week both the prime minister and the head of the Bank of England acknowledged that... More »

MORE ABOUT:
United Kingdom • Gordon Brown • recession • pound • Britain • US dollar • Mervyn King • economy • financial crisis

 Global Stocks Pounded, 
 Dollar Hits Record Highs 

Greenback soars to 5-year high against the pound

Oct 22, 08 5:40 AM CDT
(Newser) - Stocks in Asia and Europe dove once again today, with banks leading losses as the continuing economic downturn hit corporate profits. The Nikkei in Tokyo closed down 6.8%, and London's FTSE opened down 2.3% after the Bank of England said that the country is in a recession. Meanwhile... More »

MORE ABOUT:
pound • euro • Nikkei • FTSE • Asian stocks • Bank of England • US dollar • Mervyn King • European stocks

 Dollar Soars to 1-Year High 

Greenback climbs higher still after Fannie-Freddie bailout

Sep 8, 08 8:06 AM CDT
(Newser) - The dollar rallied to a 1-year high against the world's currencies today, following Treasury's decision to seize control of Fannie Mae and Freddie Mac. After an early hiccup, the greenback advanced to $1.41 against the euro while also climbing against the yen, the pound, and the Swiss franc. While... More »

MORE ABOUT:
currency • exchange rate • currency exchange • pound • euro • US dollar • bailout • financial crisis

Pound Plunges to Record Low Against Euro

Gloomy economic outlook sends British currency tumbling

Sep 2, 08 2:26 AM CDT
(Newser) - The British pound has sunk to its lowest level ever against the euro since the European currency was introduced in 1999, the Financial Times reports. The fall follows Chancellor Alistair Darling's dire warning that the outlook for the British economy is the worst in 60 years. The pound dropped to... More »

MORE ABOUT:
United Kingdom • currency • financial markets • recession • pound • euro • Alistair Darling • foreign currency

 World Markets
 Tumble, Dollar
 Hits New Low 

Euro hits $1.60 as banks lead declines

Jul 15, 08 7:32 AM CDT
(Newser) - World stocks hit their lowest level since 2006 today as credit-market losses and weakening consumer confidence sent shares falling, reports Bloomberg. The big banks, from UBS in Europe to Cathay in Asia, led declines. The MSCI World Index, Morgan Stanley's indicator of global finance, has now slid into bear market... More »

MORE ABOUT:
financial markets • pound • euro • yen • Asian markets • European markets • US dollar • weak dollar • financial crisis

 25 Ways to Save in Europe 

Don't let the dismal dollar derail your dream vacation

Mar 19, 08 12:16 PM CDT
(Newser) - Worried that exchanging your dollars into pounds will leave you with pennies? MSNBC outlines 25 ways to stretch your money in Europe.
  1. Find no-cost entertainment, like free days at museums or public concerts.
  2. Use a credit card or get cash from an ATM for the best exchange rates
... More »

MORE ABOUT:
travel • Europe • money • pound • euro • US dollar • travel tips • cheap travel

Dollar Gains Slightly Against the Euro

Investors wait for latest read on vigor of
US economy

Feb 25, 08 5:34 AM CST
(Newser) - European markets saw the US dollar edge higher against the euro, yen and British pound today as traders looked for clues as to whether the US economy would avoid a recession, reports the Associated Press. Today’s report on January sales of existing homes will likely cast some light on... More »

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currency exchange • housing • US economy • pound • euro • US dollar

Europe Beckons; Penny-Pinchers Can Respond

Diving dollar be damned—here are 10 tips for wise budgeting

Aug 9, 07 2:06 PM CDT
(Newser) - The euro and the pound are kicking the dollar's butt, but that doesn't mean you need to cancel your vacation plans. The Times gives you 10 tips for traveling on a shoestring:
  1. Find cheap flights abroad
  2. Find a budget hotel or rent a villa
  3. Within Europe, try the budget
... More »

MORE ABOUT:
travel • budget lifestyle • Europe • list • budget • airline • pound • euro

Pound Soars Against Dollar

Sterling passes $2.02, raising hopes and filling coffers

Jul 4, 07 1:24 PM CDT
(Newser) - The British pound climbed against the dollar today to a level not seen since June 1981, nudging past $2.02 before closing at $2.0136. The third consecutive trading session with a 26-year high came as the UK braced for a interest rate hike and the US braced for an... More »

MORE ABOUT:
currency • exchange rate • money • trade • interest • US economy • pound • euro • US dollar

Dollar Gets Pounded

As the pound
passes $2, Brits expected to
flock to U.S.

Apr 18, 07 11:53 AM CDT
(Newser) - The British pound hit a 26-year-high against the dollar this morning, triggering inflationary fears there as it pushed past $2 for the first time since Margaret Thatcher's early reign. As  inflation figures spiked to 3.1% in March—the highest  in 10 years—the middle class got hit the hardest,... More »

MORE ABOUT:
inflation • currency • exchange rate • money • pound • interest rate

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