Arab Today, arab today sterling reached its highest price in a week against the euro
Last Updated : GMT 14:55:50
Arab Today, arab today
Arab Today, arab today

Sterling reached its highest price in a week against the euro

Arab Today, arab today

Arab Today, arab today Sterling reached its highest price in a week against the euro

Athens - Arabstoday

In the UK unemployment increased by 48,000 between October and December to 2.67million which was in line with expectations. The number of people claiming jobseeker’s allowance also rose by 6,900 to 1.6 million, which is the highest it has been since January 2010. The poor unemployment data alongside evidence that the economy contracted in the fourth quarter is fuelling claims that the government has tried to cut the deficit too quickly. The Bank of England also hinted at the potential for more Quantitative Easing due to the quarterly inflation report presenting new, higher inflation forecasts. The Governor of the Bank of England stated that the UK economy faced “substantial headwinds” that are “hampering our recovery and rebalancing,” Economic data is fairly light in the UK today as the markets look for any developments surrounding Greece Call in now for the latest update and the latest news. The euro weakened against the majority of currencies as further concerns arose with regards to the potential second bailout for Greece. Rumours have been circulating that certain Euro zone governments have lost confidence that Greece can adhere to its promises. Apparently proposals were being discussed to potentially delay part or the entire Greek package. The Euro zone’s economy contracted in the last quarter of 2011; but, the German economy shrank by less than expected and the French economy unexpectedly grew showing that whilst there is the potential of a mild recession on the horizon, there is also the potential for growth in the first quarter of this year. Not much data is released in Europe today as the focus remains firmly on Greece. Call in now for the latest update and the latest news. In the US, data released yesterday showed that the balance of domestic and foreign investment was worse than expected. Members of the Federal Open Market Committee meeting have also suggested that the Federal Bank may need to consider increasing its asset purchasing facility if the economy lost momentum. A raft of data is released in the US today including unemployment claims, building permits and Producer Price Index (PPI); furthermore, the Chairman of the Federal Bank is talking, all of which can provide some form of insight in to the world’s largest economy. Call in now for the latest update and the latest news. Elsewhere, stronger than expected retail sales data was released in New Zealand strengthening the New Zealand dollar with the GBP/NZD rate challenging its record low from August 2011 and the EUR/NZD rate reaching a fresh all-time low. The main data released today is the unemployment statistics for Australia. Call in now for the latest update and the latest news. EURO/GBP – 1.2040 US$/GBP – 1.5688 CHF/GBP – 1.4538 CAN$/GBP – 1.5712 AUS$/GBP – 1.4678 ZAR/GBP – 12.2076 JPY/GBP – 123.259 HKD/GBP – 12.1646 NZD/GBP – 1.8945 SEK/GBP – 10.5664 AED/GBP – 5.7589 US$/EURO – 1.3024 INR/GBP – 77.43

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sterling reached its highest price in a week against the euro Arab Today, arab today sterling reached its highest price in a week against the euro

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sterling reached its highest price in a week against the euro Arab Today, arab today sterling reached its highest price in a week against the euro

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday