In The News Today

The European Central Bank pared the amount of money it lent to banks in its fourth consecutive trading day of emergency money-market financing, saying that euro interest rates are ``close to normal.'' ``The ECB ...more

ECB pumps more money into market

The European Central Bank on Tuesday injected 7.7 billion into the money market to calm liquidity fears in the wake of the crisis in the US home loan sector.
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Euro, sterling dive against dollar in choppy trade

Us dollar and euro banknotes. The European single currency fell below 1.36 dollars as the greenback was boosted by its status as a safe haven in times of financial instability.
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ECB adds 48bn to its credit rescue

The European Central Bank pumped another 47.66 billion into the money market yesterday to address liquidity shortages amid growing fears about the US home loan sector.
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In The News Today

This should read gold de-hedging causes greatest losses in the history of public companies producing gold.
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