tumble

Torrie Callander, corporate dealer at Global Reach Partners, says that there will be immediate euro strength on the back of the European Central Bank's rate decision, but the currency could tumble if Mario Draghi strikes a dovish tone. more...

A decline in commodity prices and narrowing yield spreads could see the currency fall 25 percent by 2016, according to Societe Generale. more...

South Korea's manufacturing sector activity shrank the most in 11 months in September as new export orders fell sharply, reinforcing fears of a slide back into global recession that are battering financial markets in one of Asia's most vulnerable economies. more...

World equity markets tumbled and gold shot to a new record high on Thursday as renewed worries about Europe's debt crisis and sour U.S. data added to fears that major economies were close to recession. more...