| 13.11.2013 - Currency war feared after EU cuts rates |
| The euro slid by 1.5 per cent after the European Central Bank cut a key interest rate last week, saying it hoped to stimulate the economy and head off deflation. The U.S. is more than two years into a program of quantitative easing without a sign of tapering and now more countries are moving to deflate the value of their currency, among them New Zealand, Australia, the Czech Republic and Japan...............................................Full Article: Source |