
FT.com - Currency Markets News and Data
Updated: 19 min 12 sec ago
Wed, 11/19/2008 - 13:31
The Bank of England's Monetary Policy Committee voted unanimously to slash the bank rate by 1.5 percentage points this month, and considered an even larger cut, underscoring concerns about credit conditions globally and the decline in consumption and demand at home
Wed, 11/19/2008 - 12:00
The dollar fell after data showing a record drop in US inflation and a further contraction in home building exacerbated fears that the world's largest economy could suffer a bout of deflation
Wed, 11/19/2008 - 07:32
The dollar has lost several important sources of support says David Powell at Bank of America