Tag: The British Chambers of Commerece
Euro Trades Near One-Month Low Before Report Shows Output Drop
By Ye Xie and Molly Seltzer
Jan. 14 (Bloomberg) — The euro traded at a one-month low versus the dollar before a report forecast to show industrial output in Europe dropped the most since 1993, adding to expectations the European Central Bank will cut interest rates.
Posted: January 14th, 2009 under News.
Tags: British Pound, currency, Dollar, Dollar index, ECB Rate, Euro, European Central Bank, Federal Reserve, Forex, Global Recession, interest rates, Market Drops, The British Chambers of Commerece, U.K. Economy Slumped
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