US Dollar and Yen Fall Against the Euro
The US dollar and the yen both fell against the Euro today as speculation grows that central banks will introduce further interest rate cuts. More
UK Stock Gains Propel Pound
The pound gained against the dollar today – climbing to $1.4926 from $1.4884 yesterday – as European stock exchanges made significant gains. More
News Gets Worse for Detroit Automakers
General Motors’s suffered a 41 percent drop in sales in November, while Ford dropped 31 percent – Toyota and Honda fared poorly as well, dropping 34 and 32 percent respectively. More
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