The pound slipped against other major currencies in the European morning session on Tuesday as U.K.

With major miners shelving projects and cutting costs, they have turned the screws on contractors, in some cases dumping firms t

Westpac - "Dollar Index survived a test of important support around 81.40/50 as USD’s safe haven status came to the fore.

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Westpac - "Underwhelming Chinese data, elevated ECB easing risk and broad weakness across a swathe of commodities all play to a

Brown Brothers Harriman - "The Australian dollar reached almost $1.06 before the unwinding of cross positions against the yen to

Moody’s report on Portugal is getting a second look. Banks in bailed-out Portugal need an extra 8 billion euros in capital

Unlike the original proposal, uninsured depositors will likely lose around 40% (not 10%) at Cyprus' two largest banks.