euro

Sterling has recovered from a seven-week low, moving higher against the dollar after it fell on Moody's threat to downgrade a raft of UK banks.

Proving there's a silver lining to every cloud, Alistair MacDonald of the Merrion European Absolute Return Fund explains why a slumped currency can be a boon to exporting stocks held within his fund.

Inflation rose to its highest level since September 2008 last month, reversing the previous month's retreat and breaking sterling's five-day decline against the dollar.

Source has launched its EuroStoxx Optimised Banks ETF, seeking to provide exposure to the most liquid eurozone banks.

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 18 March.

Professional Adviser's editorial director Lawrence Gosling spoke to BlackRock's European Dynamic fund manager Alister Hibbert at the end of 2010 about prospects for equity markets, the euro and dangers from the peripheral nations.

French President Nicolas Sarkozy has said France and Germany will never let the euro fail.

The auction of €5bn ($4.3bn) of five-year bonds to fund Stage One of the Irish loan package was subject to huge demand from Asian and Middle Eastern investors yesterday.

The BoE risks making the UK's debt problem bigger if it raises rates above 0.5% in the near-term to tackle "one-off" inflationary pressures, says the head of portfolio management at Prudential.

The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.