For businesses looking to trade with Europe in the coming months, or those already operating within the EU, it helps to keep an eye on the euro.
If we suddenly learned the world would end tomorrow, someone would make money from the discovery. At the very least, to quote singer Tom Lehrer: “Lloyd’s of London would be loaded when they go.” It also sums up the crux of this guide.
Barry James, founder of The Crowdfunding Centre and Venture Funding Hubs, argues that Greece has been bullied by creditors in Europe and suggests crowdfunding and financial technology could be the answer to a sustainable future.
In his first intervention since the start of the election campaign, former prime minister Tony Blair accused David Cameron of pandering for votes by promising an EU referendum, which could "cause the most intense period of instability” since World War II. His input, however, is being dismissed by many Brits.
Inflation in the Eurozone fell to 0.3 per cent in September, down from 0.4 per cent in August, according to the latest statistics. What effect will this have on the recovery?
Both UK exporters and importers need a currency strategy in the face of a weak Euro, according to currency experts.
If you know how to manage the currency risk you can feel safe next time you trade overseas.
The strength of the euro is already having an impact on some UK businesses. Gardiner Brothers FD James Gardiner says the footwear distribution company will hike up the price of its euro-based products next year.
The strength of the euro against the dollar could be one of the big political issues for 2008, according to Mark O’Sullivan, the head of trading at Currencies Direct.