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This is Money
An unexpected bounceback in Britains crucial services sector helped to push sterling back above $1.50 yesterday as hopes rose that the economy will continue growing during the first three months of this year.
Resurgent services sector pulls sterling from the edge
Currency markets are calls to action. No party has yet had the courage to articulate a credible plan for deficit reduction.
Sterling crisis might break Britain's political and economic paralysis
Asked to name the beleaguered Western currency that sits near a 10-month low against the dollar and has lost 7% against the greenback already this year, most people would probably plump for the euro. They'd be wrong. Europe's single currency - walloped by the big economic problems in Greece - is hardly having a stellar year. But for a currency well and truly in the pickle, look no further than the pound.
Pound Woes: Why Britain's Currency Is Falling
The Bank of England's 200bn quantitative easing programme is unlikely to be extended today when its Monetary Policy Committee (MPC) discloses the result of its monthly meeting.
MPC expected to hold fire on monetary policy
Greece is prepared to turn to the IMF if its EU neighbours fail to provide aid after it announced tough austerity measures.
Greece prepared to turn to IMF
Fears of a hedge fund "conspiracy" to destroy the euro gathered pace yesterday when the American authorities ordered some funds not to destroy records of their trading in the single currency. The US Department of Justice has asked a number of the hedge funds whose executives attended a dinner hosted by New York-based research and brokerage firm Monness, Crespi, Hardt & Co on 8 February, to preserve their trading histories.
Fear and loathing as the hedge funds take on the euro