March 5, 2009
Euro in trouble
Story link: Euro in trouble
The stock markets and other financial markets such as currencies have taken a tumble over the last few weeks, with the likely hood of the Euro losing value compared with other currencies becoming ever more likely.
The credit crunch has already taken victim currencies such as the Sterling and is likely to take many more!
We saw a nice big rebound in the stock market yesterday. (As our own Dominic Frisby predicted here).
Doubtless, Gordon Brown would like to think his big speech in America was at the heart of this, but it was a fairly predictable ‘dead cat’ bounce after the recent plunges.