Euro Halts Slide vs Dollar, Though Pound Sets Fresh 5-year Low
Thursday, October 23rd, 2008
The Reserve Bank of New Zealand cut rates by 1%. Retail sales were down in the UK, as were industrial new orders in the Euro-zone. The Pound set a fresh 5-year low as it continues to be pressured, though not as badly as earlier in the week. The Yen gained on weak stocks.
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NZ is screwing itself.
odin422 3 years ago