The euro slipped as traders braces Greece's likely debt default, putting the country at risk of disruptive exit from the euro zone.» Read More
The UK's credit rating is four notches too high at present, and should be downgraded to A , John Hydeskov, senior analyst at Danskebank, told CNBC. The analyst predicted that the UK would be formally downgraded in 2012, as a result of falling real growth and rising national debt.
With the Swiss franc tumbling after the central bank's intervention, you need a Plan B for a safe haven. Here's a ranking of your options.
With the financial system facing renewed stress and global growth faltering economists at Goldman Sachs are predicting Britain will embark on a second round of quantitative easing in the coming months.
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The final word from the currency pits, with CNBC's Melissa Lee and the Money In Motion traders.
With the fed out of bullets, can the ECB save the global economy? The currency trade behind next week's ECB meeting, with CNBC's Melissa Lee and the Money in Motion traders. And will the Bank of Japan intervene again when it meets next week?
The current UK depression will be the longest since at least the first world war. Without a dramatic surge in growth, it is also quite likely to generate a bigger cumulative loss of output than the “great depression”, Martin Wolf writes in the FT.
Brazil slashes interest rates and manufacturing reports disappoint in Europe and Britain — it's time for your Thursday FX Fix.
The British Chamber of Commerce cut its growth forecasts for the UK for this year and next and said the weaker-than-predicted economy means interest rates will have to stay low longer than expected.
How to manage a winning currency trade. On July 27th, Andy made a bullish bet on the New Zealand dollar, with CNBC's Melissa Lee and the Money In Motion traders.
Trading Trichet and Bernanke. Will Trichet soften his tone at Jackson Hole? And the currency trade behind the conference, with Michelle Meyer, BofA Merrill Lynch, and CNBC's Melissa Lee & the Money in Motion traders.
Short sellers and securities lenders have remained calm in spite of controversial short selling bans for bank stocks introduced in Europe this month, the FT says.
Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.
Contributor Andy Busch looks at the economic situation in Europe and discusses what to buy and sell, with CNBC's Melissa Lee and the Money In Motion traders.
Investors are looking for any safe haven in a storm — it's time for your FX Fix.
The euro zone is stressing and central bankers are talking - it's time for your FX Fix.
Singapore dollars get snapped up and European officials underwhelm - it's time for your FX Fix.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
Discussing Italy's new austerity plan, and whether there is a double-dip to dunk the dollar, with CNBC's Melissa Lee and the Money in Motion traders.
Fear about the turmoil in global financial markets and the fragile world economy could drive the price of gold to record levels last seen in 1980.