Pound plunge the latest ill omen as stocks slide
SYDNEY, Sept 26 — Sterling slumped to a record low today, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain’s plan...
Source: malaymail.com
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Rand crashes through R18/$, pound hits record low as spooked investors pile into dollars
Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain's plan to borrow its way out of trouble, with spooked investors piling into U.
Source: news24.com
Stocks Subdued By Rate Hike Risks, Yen Steady
Asia's stockmarkets were steady but fragile on Thursday, a day after their biggest drawdown in three months as investors weighed the risk of the Federal Reserve announcing a 100 basis point interest rate hike next week to tackle sticky inflation.
Source: ibtimes.com
Analysis-Why The Dollar's Wrecking-ball Rally Is Not Done Yet
A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say, suggesting more pain almost everywhere else as other currencies either crumble or require rapid rate hikes to stay put.
Source: ibtimes.co.uk
Why the dollar's wrecking-ball rally is not done yet - Business
“I don't think there is anything that can stop the dollar,” says Rabobank strategist.
Source: dawn.com