News Denmark Currency: Denmark vows to keep currency peg, likely to cut rates on Thursday
Denmark's political and central banking establishment is uniting in a campaign to kill speculation that the country might follow Switzerland in scrapping a currency link to the euro. With markets expecting upward pressure on the Danish crown to persist, most analysts predict an interest rate cut as soon as Thursday - which would be the second this week - if the European Central Bank moves to stimulate the euro zone economy. The Swiss franc has leapt almost 20 percent against the euro since last week when the Swiss National Bank out of the blue ended a three-year-old policy of capping its currency.
News Denmark Currency: 7 Fascinating Facts About The Faroe Islands
Consisting of 18 main islands, the rugged, rocky Faroe Islands are best known for their bird cliffs and unspoiled landscape. Read on for some more fascinating Faroe Islands facts.
News Denmark Currency: Danish bonds rally as FX interventions stoke rate cut talk
Denmark's short-dated borrowing costs fell on Wednesday, as news of heavy currency market interventions to weaken the Danish crown stoked speculation that the central bank would soon resort to an ...
