Excerpt from:  GFT Analysts in the News
.
April 25, 2008

UK Pound Gains in Currency Trading

Forex trading with the sterling
The UK pound is finding strength in currency trading on the FX market this morning. New numbers are in, and worries over continuing economic slowdown in Britain are easing.

Additionally, US economic data shows that the US is unlikely to continue its campaign of monetary easing, and that should also allow the Bank of England the ability to slow down its plans for further rate cuts as well.

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Topic Tags:  currency trading, currency trading FX market, economic slowdown, forex trading, forex trading strerling, UK pound currency trading, US economic data

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