The euro soared in early trading on Monday as traders welcomed a rescue package for Greece agreed by Eurozone countries and the International Monetary Fund.How many times does the EU have to pretend to organise a bail-out for our Greek chums, before the markets twig that it's never going to happen?
The single currency, which has been battered in foreign-exchange markets so far this year, was up almost 2 cents at $1.3683 in London trading. It also climbed against sterling and the Japanese yen.
12 April 2010
Shaking the money-tree
Here we go again. This month, last month, the month before that. The masters of the universe are suckered once more. The Telegraph reports: