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Euro hits new 11.5-year dollar low as ECB starts QE

The euro dives to a new 11.5-year low against the dollar as the European Central Bank kicks off its 1.1 tn euro bond-buying programme © AFP Bertrand Langlois<p>London (AFP) - The euro dived Monday to a new 11.5-year low against the dollar as the European Central Bank kicked off its radical …

Economics

Believe it or not, oil is in a bull market

It doesn’t <i>feel</i> like a bull market. But by the accepted rule of thumb, the recent rise in the price of a barrel of Brent crude oil is just that.<p>Moves of at least 20% in either direction commonly define things as being in bull- or bear-market territory. At the time of writing, the price of Brent, the …

Oil