News

Sterling Stands Firm as Stocks Perform Swan Dive

April 11, 2012 at 9:30 AM

• Chaos reigns but sterling holds onto gains against euro and dollar 
• Risk aversion creeps back as volatility kicks into currency markets

• Debt demons return for euro as Spain and Italy come back into focus
• Global stock markets plunge as US markets log fifth consecutive loss
• Rumours of interest rate cut by Reserve Bank to ease pain of strong dollar

Tags: Risk Euro Dollar