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Excerpt from:  Foreign Exchange Rates
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May 13, 2008

UK Pound Struggles in Currency Trading

Sterling volatile in forex trading
The UK pound is struggling in currency trading on the FX market today, even though CPI data is coming in strong. The sterling remains volatile in forex trading against the US dollar, and as a result is also bring the euro down against the greenback.

More economic data is expected this week out of Britain, and there are worries that contraction may be seen, notwithstanding the positive data so far.
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PermalinkSterling in Forex Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, currency trading FX market, economic data, euro, forex trading, forex trading US dollar, sterling forex trading, UK pound currency trading
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