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This is Money
The dollar plummeted to an all-time low against the euro today, breaking through the $1.40 barrier, and looks set to weaken further, currency experts warned.
Dollar slides to record low against euro
Activity on the high street remained strong last month despite the unfolding credit crisis, while mortgage activity was robust and manufacturers confidence improved, according to a string of figures published yesterday. But analysts described the upbeat figures as a hangover from happier times, as they gave warning of a coming slowdown in growth as the fallout from the credit squeeze ripples through the economy over the coming year.
Upbeat retail and mortgage data just a hangover of happier times
Overnight sterling Libor rates fell to 5.82 per cent, their lowest level since the market turbulence began on August 9. The benchmark three-month rate dropped from 6.55 per cent to 6.39 per cent. - Times Need to Know