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Recession In The U.K. Is A Certain Risk, British Pound Dives

A recession in the U.K. might be around the corner according to the last estimate by the Bank of England. The British pound hit a new low of 1.2393 against the dollar ....

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Eurozone inflation crisis: Pressure on ECB mounts as price rises reach record high | City & Business

The news puts further pressure on the euro which dipped against the pound falling from 0.84 to 0.83 this morning. While the UK also faces surging inflation, the Bank of England has acted by raising interest rates in December after months of speculation. Jesús Cabra Guisasola, Senior Associate at Validus Risk Management, suggested the euro […] ....

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Eurozone Inflation Accelerates Unexpectedly as Electricity Prices Surge

Commenting on the market reaction to a surprise increase in Eurozone CPI, Jesús Cabra Guisasola, Senior Associate at Validus Risk Management, said: “The euro area's headline in ....

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