The last week belonged to the US dollar. It strengthened against the whole field, with the commodity-oriented and emerging-market currencies bringing up the rear. The euro lost just over a cent to the dollar and sterling fell even further behind, leaving the euro half a cent firmer against the pound in the foreign exchange update…
New research by Belgium’s Vlerick Business School seems to suggest that the digital economy of Europe has the potential to generate another 1.5 million jobs in the EU. The EU internet sector already employs a massive 3.4 million people but the study reveals that the full potential of the sector in terms of growth and…
The euro’s renaissance continued into last weekend before running out of steam. It reached its highest point against the US dollar since early May and touched a three-month high against the pound. Since then it has staged a tactical withdrawal, leaving it a cent lower on the week against sterling and three quarters of a…
