Foreign-exchange traders suffering their worst year on record are finding solace in a strategy that relies on high-risk currencies to generate gains.
The Australian dollar’s rally this month will be short-lived as demand for the nation’s chief export wanes with China stockpiling record amounts of iron-ore, according to Insight Investment Management Ltd.
Aston Villa hired Norwich’s Paul Lambert as its manager, the Premier League club said in a statment on its website.
Norwich City said Paul Lambert offered to quit as manager but the English Premier League club has not accepted his resignation.
Chris Hughton was named manager of Norwich City, succeeding Paul Lambert at the English Premier League soccer club.
The following is a roundup of soccer stories from U.K. newspapers, with clickable Internet links.
Jose Mourinho maintained his unbeaten home record in English Premier League soccer as Chelsea defeated Aston Villa 2-1.
Currency traders are having their worst start to a year since 2010 as a dearth of trends in major foreign-exchange markets crushes their investment strategies.
Aston Villa striker Christian Benteke ruptured an Achilles tendon during practice today and will miss the rest of the English Premier League soccer club’s season as well as the World Cup.
"He will miss the rest of the season, obviously, and also the World Cup."
- Paul Lambert on Apr 03, 2014