Travel costs battered by volatility in currencies

ANYONE heading abroad this Easter to visit family on the other side of the world or escape to the sun will have been watching international turmoil with concern at the impact on the cost of their holiday.

The crisis in Portugal, coming after Ireland and Greece, might have been expected to put downward pressure on the euro, bringing relief to UK travellers.

India gold gains on Euro debt crisis

Gold gained and settled at +0.02 at 21166 as the appeal of the precious metal was boosted by lingering concerns over inflation, mounting fears over the euro zone’s sovereign debt crisis and as widespread unrest continued in the Middle East and North Africa.

Precious metals ends higher on Euro debt crisis

Bullions traded heavily backed by the once again erupted Euro crisis where in The European Commission said it isn't in discussions with Portugal over a possible bridge loan giving certain weakness to Portugal.

Which got its rating cut by Moody's Investors Service for the second time in three weeks to Baa1 from A3, This move put the country at the same level as Ireland, Russia, Mexico and Thailand.

Emerging Market Leader Reacts to Massive Bailout Plan Announced by U.S. Government

WASHINGTON – September 20, 2008 -- Today's market increases and the announcement by the U.S. government to undertake a major bailout plan to restore confidence in the world financial system, prompted a rare comment from Alexander Mirtchev.

Foreign exchange: End of the euro exchange rate?

The ongoing debt crisis in the euro area poses a threat to the future of the euro exchange rate suggests think tank.

The euro exchange rate is lower against the majority of major currencies it pairs with.

News out this morning is that the risk is roughly one in seven that Europe's ongoing debt crisis will push member nations to abandon the shared currency.