[Story ID: 5254]
Sterling ended last week on a weaker note with profit taking after recent strong gains against the dollar but also dropping back against the euro, which at last managed to maintain a breach of the stg84p level. News overnight of a 0.6% in Rightmove house prices has had little impact. While there is [...]
[Story ID: 5144]
Sterling heads higher in currency trading
The U.K. pound is rallying today in forex trading on the currency market. An improving picture in the British economy is helping give the sterling a boost in currency trading.
Britain saw a lower claimant count than expected, indicating that the jobs situation could be improving. Indeed, employment for [...]
[Story ID: 3035]
Currency trading with sterling
Earlier today, cable rallied on the prospect of a possible Tory victory in Britain. The pro-business Tories are favored by some, and considered as likely to get the country back on track.
However, the campaign isn’t over yet, and concerns about the sterling remain. As a result, the cable rally has [...]
[Story ID: 2864]
Sterling higher in forex trading
After struggling last week, the sterling appears to be gaining the upper hand in forex trading today. Indeed, the announcement by Liberal Democrats that they would be willing to form a coalition government with the Labor Party is providing some support for the U.K. pound in currency trading.
Nick Clegg, [...]
[Story ID: 1570]
Sterling in forex trading
Currency trading on the FX market should consider that the sterling is dropping as traders consider the latest warning from Moody’s. The credit rating agency issued warnings that the U.S., U.K., France and Germany could face ratings downgrades soon with regard to their sovereign debt.
The countries that are considered most [...]
[Story ID: 1377]
U.K. pound can’t remain above 1.50 in forex trading
The sterling is continuing its downward spiral in currency trading, after a gallant attempt at gains. However, the British currency just can’t seem to keep above the 1.50 level at this point.
[Story ID: 1186]
Sterling sees some gains in forex trading
After weeks of being pummeled by the U.S. dollar, the U.K. pound is finally heading higher in currency trading on the FX market. Sterling is not that much higher in forex trading, but it is consolidating right now.
There are hopes that things might improve for the U.K. [...]
[Story ID: 1096]
Sterling sinks through 1.5000 in currency trading
The U.K. pound has plunged against the U.S. dollar in forex trading on the currency market. The sterling has sunk through the 1.5000 level in currency trading, heading to lows not seen for years. Indeed, the U.S. dollar is showing unprecedented strength, especially considering the fact that [...]
[Story ID: 1041]
Currency trading with the U.K. pound
The sterling continues to fall in forex trading. Even as the U.S. dollar weakens against the euro and the Japanese yen in currency trading, the U.K. pound continues to struggle.
With economic divergence high on everyone’s mind, the sterling can’t seem to get a break. Concerns about mounting U.K. [...]
[Story ID: 274]
U.K. pound pares gains in forex trading
The sterling is pulling back in currency trading after reversing higher. After struggling for awhile to maintain its gains, targeting the 1.6075 level, the sterling has finally succumbed.
European markets are pulling back right now, and the FTSE 100 is down as well. Additionally, ADP payrolls are putting [...]